Respuesta :
A significant U.S. statute known as the Sherman Antitrust Act forbade corporations from banding together or combining to create monopolies.
What is meant by Sherman Antitrust Act?
A significant U.S. statute known as the Sherman Antitrust Act forbade corporations from banding together or combining to create monopolies. The law, which was passed in 1890, made it illegal for these organizations to dictate, regulate, and manipulate pricing in a certain market.
The Sherman Antitrust Act, a statute enacted in the United States that outlawed trusts, forced these tiny groups of independent businesses that joined to form a massive corporation and essentially established a monopoly in the oil sector to sell their shares, thereby boosting competition. This was a direct shot at American Tobacco and Standard Oil.
Therefore, the correct answer is option c. Sherman antitrust act.
The complete question is:
Which of the following was an attempt to restrict a monopoly of the oil industry in the united states?
a. Dingley Act of 1867
b. interstate commerce commission
c. Sherman antitrust act
d. McKinley tariff of 1890
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