The reason that only few of violations of Sherman Antitrust act were brought to court was that the cost involved to fight these case was on higher side and demanded a lot of time and secondly it was very unpopular among the general public.
Further Explanation:
The main working of the Sherman Antitrust act was to regulate the completion between enterprises. This act prohibited anti-competitive agreements and monopolization in the market. It prevented the attempts of artificial rising of prices by restricting supply. During the time this act was adopted, there were very few penalties imposed by the then government on trade and supply sections and monopoly was in continuous increase.
No matter what was intended to be done in regards to trade and supply industry, Sherman Antitrust Act was not very popular among the people and there were very few instances where violations under this act were brought to the court. The court cases under this act used to cost hefty amount and not only that, the cases went for long period of time sometimes years in the court to come to a settlement and people were not ready to spend both of these things. This act was also very unpopular among the people and even traders as they thought that there was no such need of that act during that time. Some people who opposed this act also have the view that this act no one will ever know the products or machines which did not even came to the market to use because of this act.
Learn more:
1. Why were taxes an ongoing source of conflict for the American colonists?https://brainly.com/question/1594456
2. A main purpose of the president’s state of the union address is to? https://brainly.com/question/673180
Answer details:
Grade: High School
Subject: History
Chapter: Sherman Antitrust Act
Keywords – Sherman Antitrust Act, Traders, Suppliers, Monopoly, Court, Fines, Time, Money, Supply Industry, Machines, Products.
