Question

What was the purpose of the Sherman Antitrust Act?

A)to prevent the creation of monopolies
B)to protect workers rights to strike
C)to determine how much steel should be produced each year
D)to raise taxes on a large corporations

Answer 1

"The Sherman Antitrust Act was the first measure enacted by the U.S. Congress to prohibit trusts (or monopolies of any type). ... The Sherman Antitrust Act, in contrast, was based on the constitutional power of Congress to regulate interstate commerce."
A. To prevent creation of monopolies would be correct.

Answer 2

The correct answer is A. To prevent the creation of monopolies

Step-by-step explanation:

The Sherman Antitrust Act was an act approved in 1890 with the purpose of forbidden the intentional creation of monopolies and any other practice that supported monopolistic business except those achieve by merit; in this way this act influenced a fair competition between different companies as it became illegal that one company or an alliance of companies tried to become the only supplier for a product or service. Additionally, this act was especially relevant as based on it the government created other acts that regulated the competition in business, Therefore the main purpose of the Sherman Antitrust Act was to prevent the creation of monopolies.