Question

The first major federal legislation passed to forbid actual monopolies or attempts to monopolize any part of trade or commerce in the United States was the

Answer 1

The Sherman Anti-Trust Act was the first Federal act that outlawed monopolistic business practices.

Step-by-step explanation:

The Sherman Anti-trust act was passed by the congress on the United States of America in 1890 after a Senate vote of 51–1 on April 8, 1890 and the House vote of 242–0 on June 20, 1890. It was signed into effect by President Harrison.

The act was passed to prohibit any trust and it was based on the constitutional power of the US congress to regular trade activities between states. State governments passed similar laws which was only limited to intrastate businesses.