What was the purpose of the Sherman Antitrust Act of 1890? A. to limit the amount of power corporations could have on commerce and trade B. to limit the amount of money a corporation could donate to a political candidate C. to legalize the formations of trusts and monopolies D. to decrease the influence of the government on corporations


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Answer:

B

Explanation:

Approved July 2, 1890, The Sherman Anti-Trust Act was the first Federal act that outlawed monopolistic business practices. The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit trusts. ... President Benjamin Harrison signed the bill into law on July 2, 1890.

So he put a limit on the money

The purpose of the Sherman Antitrust Act of 1890 WAS to legalize the formations of trusts and monopolies.

What is the Sherman Antitrust Act?

This act was introduced in 1890 in the United States.

The act was introduced and named after Senator John Sherman

This act brought free competition among businessmen and commercial people.

The main purpose was to free trade and save them from each other.

Thus, the correct option is C. to legalize the formations of trusts and monopolies.

Learn more about Sherman Antitrust Act

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