Sherman Antitrust Act

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The Sherman Antitrust Act is a landmark 1890 U.S. federal law that outlawed monopolistic business practices and formed the foundation of American antitrust policy.

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All labels observed (11)

Statements (50)

Predicate Object
instanceOf United States federal statute
antitrust law
alsoKnownAs Sherman Antitrust Act
surface form: Sherman Act
appliesTo foreign commerce with substantial effect on U.S. commerce
interstate commerce
chamberOfOrigin United States Senate
constitutionalBasis Commerce Clause
surface form: Commerce Clause of the United States Constitution
containsSection Section 1
Section 2
country United States of America
surface form: United States
enactedInYear 1890
enactedOnDate 1890-07-02
enforcedBy United States Department of Justice
surface form: United States Department of Justice Antitrust Division

private plaintiffs through civil actions
formsFoundationOf United States antitrust policy
historicalSignificance first major federal statute to limit cartels and monopolies in the United States
interpretedBy Supreme Court of the United States
introducedIn 51st United States Congress
John ShermanOccupation United States Senator
John ShermanStateRepresented Ohio
jurisdiction United States government
surface form: federal government of the United States
landmarkCase Northern Securities Co. v. United States
antitrust case Standard Oil Co. of New Jersey v. United States
surface form: Standard Oil Co. of New Jersey v. United States

United States v. American Tobacco Co.
United States v. E. C. Knight Co.
United States v. Microsoft Corp.
laterComplementedBy Clayton Antitrust Act of 1914
surface form: Clayton Antitrust Act

Federal Trade Commission Act of 1914
surface form: Federal Trade Commission Act
legalDomain competition law
namedAfter John Sherman
penaltiesInclude fines
imprisonment
policyGoal protection of competition rather than competitors
providesFor civil remedies
criminal penalties
treble damages for private plaintiffs
publicLawNumber 26 Stat. 209
purpose to preserve competition in interstate commerce
to prohibit monopolies
to prohibit unreasonable restraints of trade
Section1Prohibits combinations in restraint of trade
conspiracies in restraint of trade
contracts in restraint of trade
Section2Prohibits attempted monopolization
conspiracies to monopolize
monopolization
signedBy Benjamin Harrison
signedByOffice President of the United States
subjectMatter monopoly power
restraint of trade

Referenced by (36)

Full triples — surface form annotated when it differs from this entity's canonical label.

Benjamin Harrison signed Sherman Antitrust Act
Federal Trade Commission legalBasis Sherman Antitrust Act
Commerce and Trade contains Sherman Antitrust Act
this entity surface form: Sherman Antitrust Act (codified sections)
Clayton Act provisions relatedTo Sherman Antitrust Act
Federal Trade Commission Act provisions relatedTo Sherman Antitrust Act
Standard Oil dissolutionCause Sherman Antitrust Act
this entity surface form: Sherman Antitrust Act enforcement
Sherman Antitrust Act alsoKnownAs Sherman Antitrust Act
this entity surface form: Sherman Act
United States v. South-Eastern Underwriters Association held Sherman Antitrust Act
this entity surface form: Sherman Antitrust Act applies to interstate insurance business
Packers and Stockyards Act of 1921 relatedTo Sherman Antitrust Act
The Antitrust Paradox discusses Sherman Antitrust Act
antitrust case Standard Oil Co. of New Jersey v. United States appliedStatute Sherman Antitrust Act
subject surface form: Standard Oil Co. of New Jersey v. United States
antitrust case Standard Oil Co. of New Jersey v. United States appliedStatute Sherman Antitrust Act
subject surface form: Standard Oil Co. of New Jersey v. United States
this entity surface form: Sherman Act Section 1
antitrust case Standard Oil Co. of New Jersey v. United States appliedStatute Sherman Antitrust Act
subject surface form: Standard Oil Co. of New Jersey v. United States
this entity surface form: Sherman Act Section 2
United States v. American Tobacco Co. appliedStatute Sherman Antitrust Act
this entity surface form: Sherman Act §1
United States v. American Tobacco Co. appliedStatute Sherman Antitrust Act
this entity surface form: Sherman Act §2
Clayton Antitrust Act of 1914 clarifies Sherman Antitrust Act
this entity surface form: Sherman Antitrust Act of 1890
Noerr-Pennington doctrine usedAsDefenseIn Sherman Antitrust Act
this entity surface form: Sherman Act Section 1 claims
1913 Kingsbury Commitment relatedTo Sherman Antitrust Act
MCI v. AT&T relatedToLaw Sherman Antitrust Act
51st United States Congress passed Sherman Antitrust Act
John Sherman notableWork Sherman Antitrust Act
John Sherman authorOf Sherman Antitrust Act
U.S. Department of Justice antitrust litigation appliesLaw Sherman Antitrust Act
this entity surface form: Sherman Antitrust Act of 1890
Office of Policy Planning uses Sherman Antitrust Act
this entity surface form: Sherman Act
Federal Trade Commission Act of 1914 relatedTo Sherman Antitrust Act
Northern Securities Co. v. United States relatedStatute Sherman Antitrust Act
this entity surface form: Sherman Antitrust Act of 1890
United States antitrust law includes Sherman Antitrust Act
United States antitrust law historicalFoundation Sherman Antitrust Act
this entity surface form: Sherman Antitrust Act of 1890
Sherman family of Ohio notableFor Sherman Antitrust Act
subject surface form: John Sherman
Celler-Kefauver Act relatedTo Sherman Antitrust Act
Robinson-Patman Act relatedTo Sherman Antitrust Act