What is the Sherman Antitrust Act?

The Sherman Antitrust Act is federal legislation passed in 1890 to protect trade and commerce in the United States from unfair business practices and monopolies. It was the first United States federal law to limit monopolies and organized trusts. The Sherman Antitrust Act is a major piece of antitrust law in the United States and Delaware. The Sherman Antitrust Act is a major part of the larger body of antitrust law that includes other federal and state legislation. This Act is designed to protect consumers from monopolies and other unfair business practices that restrain trade. It makes it illegal for any company to monopolize or conspire to monopolize any part of interstate commerce. It also prohibits other forms of anti-competitive behavior including price-fixing, bid rigging, and market allocation. The Sherman Antitrust Act has been used to break up large monopolies such as Standard Oil and the American Tobacco Company. It has also been used to protect smaller businesses from anticompetitive practices. The Sherman Antitrust Act has been used to protect consumers, workers, and small business owners in Delaware and throughout the United States. In recent years, the Justice Department has used the Act to challenge major tech companies for anti-competitive behavior.

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What is the Sherman Antitrust Act?

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