Complete 7 pages APA formatted article: The Sherman Anti Trust Act of 1890. Economic power was at that time being concentrated within themselves by the large corporations, by appointing boards of trustees who exercised tremendous control and benefitted by establishing monopolistic control of the business areas in which they specialized (www.bellevuelinux.org). A ‘Trust’ was an arrangement in which the stockholders of a company transferred their stocks to a single set of ‘Trustees’ who ensured a specified share of the profits to the stockholders by awarding them ‘Certificates’. Many large companies adopted this procedure thereby establishing a monopoly in vital industries of the nation and eliminated healthy competition. “The ‘Trusts’ used a number of unfair techniques to eliminate competition, either by buying them out, temporarily undercutting their prices, forcing customers to buy unwanted products & sign long term contracts and using force to impose their decisions if all other means failed” (www.bellevuelinux.org).


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