The Copyright Of The Sherman Antitrust Act

1662 Words Mar 30th, 2015 7 Pages
Have you been unjustly accused, then punished? So have many companies. When dealing with trusts and monopolies, controversy is sure to arise. This discussion is a result of the benefits, and also the disadvantages of monopolies in our market. With these arguments going on, discussions of the Sherman Antitrust Act in many legal cases, have been whether or not this law is beneficial to our economy and population, or harmful. People have gathered on both sides of this debate looking for the truth behind the effect of the Sherman Antitrust act. To learn how the Sherman Antitrust Act works we must look back to when and why it was created. In the past, and even now, the Sherman Antitrust Act has been and is being misunderstood, but if we look back to the events that were taking place during that time, then we can understand this law more clearly. On July 2, 1890, during the opening of the 51st congress, the Sherman Antitrust Act was passed into law by Benjamin Harrison, the 51-1 vote of the Senate, and the unanimous vote of the House of Representatives (“Sherman Anti-trust Act [1890]”). For this kind of unanimity to occur, there must have been a distinct reason, or reasons, for this law being passed. With the steady incline of monopolies in the country, many problems had begun to arise. This increase in monopolies, and their power, caused the government to worry that they would dictate the decisions of their inner workings to their advantage. With this fear in the…
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