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The Sherman Anti-trust act was similar to the Clayton Anti-trust act, in that it prohibited bug business, but it also prohibited labor unions. |
This act was passed by Woodrow Wilson in 1914. Before, the government had been far to lenient with big businesses. This act was a response to the failure of the Sherman anti-Trust act. This act prohibited companies from making exclusive contracts, rebates, inter-corporate stock holdings, and price cutting. However the difference between this act and the Sherman Anti-trust act, was that this one no longer restricted labor unions. Instead of prohibiting unions, it protected the workers rights, which made it more successful.
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