What are the two main sections of the Sherman Act of 1890?

Expert Solution

Sherman Antitrust Act, first legislation enacted by the U.S. Congress (1890) to curb concentrations of power that interfere with trade and reduce economic competition. It was named for U.S. Sen. John Sherman of Ohio, who was an expert on the regulation of commerce.

The Sherman Antitrust Act is broken down into two sections.

Section 1 defines and bans specific means of anticompetitive conduct. One of these was the Clayton Antitrust Act, which elaborated on the general provisions of the Sherman Act and specified many illegal practices that either contributed to or resulted from monopolization.

Section 2 addresses the end results that are by their nature anti-competitive.The other measure created the Federal Trade Commission, providing the government with an agency that had the power to investigate possible violations of antitrust legislation and issue orders forbidding unfair competition practices.

Rahul Sunny answered 2 years ago

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