Other Free Encyclopedias » Law Library - American Law and Legal Information » Crime and Criminal Law » Sherman Antitrust Act - Growth Of A Trust In The Late Nineteenth Century, What Is A Trust?, Congress Passes The Sherman Antitrust Act Of 1890

Sherman Antitrust Act - Things To Remember While Reading Excerpts From The Sherman Antitrust Act Of 1890:

competition businesses marketplace freedom

  • 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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