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In a short essay, identify what regulation was passed in 1890 and how it applied to the establishment of business.
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1 of 5The Sherman Antitrust Act was named after U.S. Senator John Sherman, who was an expert on the regulation of trade back then.
The Sherman Act was passed in 1890., and it was the first antitrust law. It appears as an answer to the existing monopoly structure and decreasing of competition. But, the results weren't good as it was expected. Despite this Act, a great number of trusts was founded until the end of the century. This happens because other laws were made which allowed companies to hold the stocks of other companies.
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