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Evolution of Antitrust Regulation in the United States

Explore the impact of the Sherman Antitrust Act and subsequent regulatory commissions on businesses, analyzing their effectiveness and the government’s role in regulating commerce in the interest of society. Learn about the key Acts and Commissions that shaped antitrust laws in the early 1900s.

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Evolution of Antitrust Regulation in the United States

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  1. Changing relationships

  2. the Federal laws forbidding businesses from monopolizing a market or restraining free trade. • Sherman Anti-Trust Act • Effect spawned a series of regulatory commissions in the 1900s to whether they were good or bad trusts. • Not very effective, 1914 changes made Act stronger Antitrust Acts

  3. government’s first large scale attempt to regulate business in the interest of society at large • Effect – Act served notice that private greed must be subordinated to public good. Interstate Commerce Commission

  4. for preventing the manufacture, sale, or transportation of adulterated or misbranded or poisonous or deleterious foods, drugs, medicines, and liquors, Pure Food and Drug Act

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