What Was True About The Sherman Antitrust Act Answers Com? The Sherman Anti-Trust Act made monopolistic business practices illegal. What was true about the Sherman Antitrust Act? The Sherman Antitrust Act was enacted in 1890 to curtail combinations of power that interfere with trade and reduce economic competition. It outlaws both formal cartels and attempts
Which Of These Will Not Lead To A Monopoly A License Antitrust Laws A Patent A Franchise? High Costs Scare Competition. One cause of natural monopolies are barriers to entry. … Low Potential Profits Are Unattractive to Competitors. Potential profits are a key indicator to potential businesses. … Ownership of a key resource. … Patents.
What Is The Main Difference Between A Legal Monopoly And A Natural Monopoly? There are two types of monopoly, based on the kinds of barriers to entry they exploit. One is legal monopoly, where laws prohibit (or severely limit) competition. The other is natural monopoly, where the barriers to entry are something other than legal