Learning Path
Question & Answer
Choose the Best Answer
partnerships
corporations
trusts
cooperatives
Understanding the Answer
Let's break down why this is correct
The Sherman Antitrust Act was made to stop trusts, which are big groups of companies that join together to fix prices and block rivals. Other options are incorrect because Partnerships usually involve a few people sharing a business, and they rarely control entire markets; Not every corporation is a monopoly.
Key Concepts
Sherman Antitrust Act Application
easy level question
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Deep Dive: Sherman Antitrust Act Application
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Definition
Sherman Antitrust Act Application involves the government using legislation to regulate monopolies and trusts, as seen in cases like Northern Securities railroad trust. This signifies a pivotal moment in U.S. Federal regulation of businesses for the public good through the interstate commerce clause.
Topic Definition
Sherman Antitrust Act Application involves the government using legislation to regulate monopolies and trusts, as seen in cases like Northern Securities railroad trust. This signifies a pivotal moment in U.S. Federal regulation of businesses for the public good through the interstate commerce clause.
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