Sherman Anti-Trust Act of 1890 The end of the monopoly era

Sherman Anti-Trust Act of 1890 Created due to the rise in monopolistic companies (Standard Oil, Northern Securities Company ) Created due to the rise in monopolistic companies (Standard Oil, Northern Securities Company ) These companies had powerful control over American economy These companies had powerful control over American economy

Sherman Anti-Trust Act of 1890 Bought companies instead of contracting with them. Bought companies instead of contracting with them. This would allow for more control over distribution & manufacturing costs. This would allow for more control over distribution & manufacturing costs.

Sherman Anti-Trust Act of 1890 First use of Act in 1890 by Attorney General Richard Olney. First use of Act in 1890 by Attorney General Richard Olney. Against the American Railway Union during the Pullman Palace Car Union. Against the American Railway Union during the Pullman Palace Car Union. Used as a strike-breaker, not the intended plan. Used as a strike-breaker, not the intended plan.

Sherman Anti-Trust Act of 1890 Act is based on Article 1, Section 8 of the U.S. Constitution. Act is based on Article 1, Section 8 of the U.S. Constitution. In 1904, President Theodore Roosevelt used the Anti- Trust Act successfully. In 1904, President Theodore Roosevelt used the Anti- Trust Act successfully. Click on picture for Roosevelt bio

Sherman Anti-Trust Act of 1890 The Supreme Court ruled 5-4 against Northern Securities. The Supreme Court ruled 5-4 against Northern Securities. Following the win, Roosevelt sued the beef industry, Du Pont Chemicals & the American Tobacco Company. Following the win, Roosevelt sued the beef industry, Du Pont Chemicals & the American Tobacco Company. Click to link to Supreme Court

Sherman Anti-Trust Act of 1890 Famous cases of the Sherman Anti-Trust Act: Famous cases of the Sherman Anti-Trust Act: Break-up of American Telephone and Telegraph Break-up of American Telephone and Telegraph Major League Baseball lockout of 1980 Major League Baseball lockout of 1980

Sherman Anti-Trust Act of 1890 MICROSOFT LAWSUIT OF 1997 MICROSOFT LAWSUIT OF 1997 Windows 95 ran only on Microsoft’s internet browser. Windows 95 ran only on Microsoft’s internet browser. This eliminated competition by denying the competition. This eliminated competition by denying the competition.