Sherman Antitrust Act
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noun
an act of Congress (1890) prohibiting any contract, conspiracy, or combination of business interests in restraint of foreign or interstate trade.
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Origin of Sherman Antitrust Act
Named after JohnSherman, who introduced the bill in Congress
Words nearby Sherman Antitrust Act
sheriff court, sheriffwick, sherlock, Sherlockian, Sherman, Sherman Antitrust Act, Sherman's march to the sea, Sherman, William Tecumseh, Sherpa, Sherriff, Sherrill
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use Sherman Antitrust Act in a sentence
After US lawmakers passed the landmark Sherman Antitrust Act in 1890, they tweaked the law in 1914, 1936, and 1950 to keep up with all the new ways dominant businesses found to exploit their market power over the years.
Congress wants to give regulators ammunition to go after Big Tech|Nicolás Rivero|June 11, 2021|Quartz
Cultural definitions for Sherman Antitrust Act
Sherman Antitrust Act
A federal law passed in 1890 that committed the American government to opposing monopolies. The law prohibits contracts, combinations, or conspiracies “in the restraint of trade or commerce.” Under the authority of the Sherman Antitrust Act, the federal government initiated suits against the Standard Oil Company and the American Tobacco Company. (See trust busting.)
The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.