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Question & Answer
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Political Parties
Big Corporations
Small Businesses
Local Governments
Understanding the Answer
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The Clayton Act was written to stop big corporations from using unfair practices that hurt other firms. Other options are incorrect because Some people think Clayton was made for political groups because politics is everywhere; A common misconception is that Clayton helped small businesses.
Key Concepts
Sherman Antitrust Act History
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Deep Dive: Sherman Antitrust Act History
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Definition
The Sherman Antitrust Act, enacted in 1890 under President Benjamin Harrison, was initially used against labor unions instead of big businesses. It aimed to prevent combinations that interfered with interstate trade. The Act's enforcement history reveals shifts in political and economic priorities over time.
Topic Definition
The Sherman Antitrust Act, enacted in 1890 under President Benjamin Harrison, was initially used against labor unions instead of big businesses. It aimed to prevent combinations that interfered with interstate trade. The Act's enforcement history reveals shifts in political and economic priorities over time.
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