THE SHERMAN ANTITRUST ACT

By: C.H. D.W J.P.

History The Sherman Antitrust Act is a law that

states that monopolies can not take over the market. Congress passed this act on July 2nd,1890.

John Sherman The Sherman Antitrust Act was named

after, lawyer John Sherman, the chairman of the Senate Finance Committee. John Sherman was born in Lancaster, Ohio on May 10th, 1823.

Contributions to the Industrial Revolution For a time a large company also could sell

merchandise at such low prices that other sellers of that product would not be able to make a profit and would go out of business. Congress passed the Sherman Antitrust Act and later measures to protect consumers from such harmful activities by businesses. Anyone found to be in violation of restraining trade would face fines, jail terms, and the payment of damages.

Industrial Factory

The End