What do the interstate Commerce Art and the Sherman antitrust act have in common
History · Middle School · Sun Jan 24 2021
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The Interstate Commerce Act and the Sherman Antitrust Act are both significant pieces of legislation in the United States related to economic regulation. They share a historical connection as they were both enacted in the late 19th century. The Interstate Commerce Act, passed in 1887, aimed to regulate the railroad industry and ensure fair and reasonable rates. The Sherman Antitrust Act, passed in 1890, sought to prevent anticompetitive practices and monopolies. Both laws reflect a broader effort during that time to address issues related to industrialization, economic concentration, and competition in the evolving American economy.