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  • 01-09-2020
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Why didn’t the US government declare monopolies to be illegal?

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mariahlenning
mariahlenning mariahlenning
  • 01-09-2020

Answer:

In response to a large public outcry to check the price-fixing abuses of these monopolies, the Sherman Antitrust Act was passed in 1890. This act banned trusts and monopolistic combinations that lessened or otherwise hampered interstate and international trade.

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