Sherman Antitrust Act - Things To Remember While Reading Excerpts From The Sherman Antitrust Act Of 1890:
Things to remember while reading excerpts from the Sherman Antitrust Act of (1890:)
- In 1890 industries in America were rapidly expanding; freedom of competition was vital to this growth.
- The American competitive business system works only when competitors set prices honestly and independently.
- The intent of antitrust law is to guard freedom of competition and opportunity in the marketplace, not to destroy businesses.
- Competition produces greater choice and better products at a lower cost for consumers.
- Antitrust legislation assures free, uninhibited competition, which results in stronger businesses. Competition constantly tests businesses and helps them become more successful in the worldwide marketplace.
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