Anti- Trust

The Sherman Anti-Trust Act of 1890
The Sherman Act of 1890 forbade trusts, really. It's goal was to to stop the big companies, not necessarily the bad companies. It was ineffective and had little power until 1914 when The Supreme Court ruled that the Standard Oil Company was a "combination in restraint of trade in violation of the Sherman Anti-Trust Act of 1890." It was dissolved.



Clayton Anti Trust Act of 1914

The Clayton Anti Trust Act of 1914 lengthened the list of objectionable business practices in the Sherman Act, including price discrimination and individuals being directors of competing companies. It tried to exempt labor and agricultural organizations from antitrust prosecution and legalized strikes and peaceful picketing.