Sherman Antitrust Act - Early Applications

Early Applications

One of the earliest invocations of the Act was in 1894, against the American Railway Union led by Eugene V. Debs, with the intent to settle the Pullman Strike. Several years would pass before the first use of the Act against its intended perpetrator, corporate monopolies. President Theodore Roosevelt used the Act extensively in his antitrust campaign, including to divide the Northern Securities Company." President William Howard Taft used the Act to split the American Tobacco Company.

Read more about this topic:  Sherman Antitrust Act

Famous quotes containing the word early:

    The science, the art, the jurisprudence, the chief political and social theories, of the modern world have grown out of Greece and Rome—not by favor of, but in the teeth of, the fundamental teachings of early Christianity, to which science, art, and any serious occupation with the things of this world were alike despicable.
    Thomas Henry Huxley (1825–95)