What Is the Sherman Anti-Trust Act and the Clayton Act?
Rockefeller is put on trial for anti-trust violations. He loses in court and his company, Standard Oil, is one of the first monopolies broken up by the u.S. government. J.P. Morgan helps to establish the federal Reserve and cements his legacy as the father of modern capitalism. He and other big business leaders become major philanthropists. As the U.S. Army sets sail for Europe in World War I.
United States v. Microsoft Corporation, 253 F.3d 34 (D.C. Cir. 2001), was a noted American antitrust law case in which the U.S. government accused Microsoft of illegally maintaining its monopoly position in the PC market primarily through the legal and technical restrictions it put on the abilities of PC manufacturers and users to uninstall Internet Explorer and use other programs such as.
Pollock v. The Farmers’ Loan and Trust Co. (1895). Declared the income tax under the Wilson-Gorman Tariff to be unconstitutional. U. S. v. E. C. Knight Co. (1895). Due to a narrow interpretation of the Sherman Anti-Trust Act, the Court undermined the authority of the federal government to act against monopolies. Plessy v. Ferguson (1896).
Holding trusts had emerged as a way to circumvent the Sherman Anti-Trust Act: by controlling the majority of shares, rather than the principal, Morgan and his collaborators tried to claim that it was not a monopoly. Roosevelt’s administration sued and won in court, and in 1904 the Northern Securities Company was ordered to disband into separate competitive companies. Two years later, in 1906.
Also in 1902, President Roosevelt shocked financiers on Wall Street with his decision to approve the government's lawsuit against Northern Securities, a large and recently merged western railroad company, for violating the Sherman Anti-Trust Act. J.P. Morgan, the financier who had arranged the merger and who had significant amounts of money invested in Northern Securities, took Roosevelt's.
K. the Sherman Anti-Trust Act (1890) L. the Pure Food and Drug Act (1906) M. the Meat Packing Act (1906) N. the Federal Reserve Act (1913) O. the Clayton Anti-Trust Act (1914) P. the ratification of the Nineteenth Amendment in 1920 Topic: Images of the Progressive Era: Progressive Era Photography Project Statement of Purpose.
Political-Democrat William Jennings Bryan runs 3 times on bi metallism agenda, yellow journalism leads to Spanish American War in Cuba(Teller and Platt amendments) US acquires and occupies Philippines against anti imperialists like Twain and Carnegie, US creates war production factories and lends money and sells weapons to Allies in WWI enters war in 1917, administration encourages propaganda.