Day: September 1, 2019

Anti-trust Legislations: What you need to know-Tolulope Olasunkanmi

Antitrust legislations originated from the United States in the 18th century to prevent monopolies in reaction to the business practices of Standard Oil and other monopolistic firms. The Sherman Antitrust Act was passed in 1890, and its provisions aimed at preventing firms from acquiring monopoly or working together to set prices and consequently limit competition in other ways.