Sherman Antitrust Act: Quick Facts
Facts
| Date | 1890 |
|---|---|
| Participants | United States |
Did You Know?
- President William Howard Taft employed the Sherman Antitrust Act against both Standard Oil and the American Tobacco Company.
- The Sherman Act, the Clayton Act, and the Federal Trade Commission Act remain the three principal pieces of antitrust legislation in the United States.
- The Sherman Antitrust Act was the first federal legislation to make anticompetitive commercial practices illegal.
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Key People
Benjamin Harrison
president of United States
Edward Douglass White
chief justice of United States
John Sherman
American statesman
George Franklin Edmunds
United States senator