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John Sherman is born
"John Sherman is born in Lancaster, Ohio." -
John Sherman Introduces act in Congress
"Senator Sherman introduced Section 1 in Congress." -
Sherman Act is passed
"The Sherman Act passed unanimously (242-0) in the House of Representatives and was then signed into law by President Benjamin Harrison on July 2, 1890." -
American Railway Union v. United States
The American Railway Union founded in 1893 is an illegal contract. -
Addyston Pipe and Steel Company v. United States
Addyston Pipe and Steel Company was found guilty due to monopolistic practices. It also established "rule of reason." -
Northern Securities Company v. United States
"Northern Securities Company was a railroad trust that fixed prices and controlled the Northern Pacific Railway, Great Northern Railway, Chicago, Burlington and Quincy Railroads." -
Standard Oil of New Jersey v. United States
"Standard Oil is accused of monopolizing into a single company in New Jersey owned by John Rockefeller. Standard Oil would lose the case and would be split up into 33 separate companies." -
Theodore Roosevelt becomes president
Theodore Roosevelt begins his term and was nicknamed the "trust buster." -
Clayton Act is enacted
Clayton act is added to clarify Section 2 of the Sherman Act. It defined illegal and anticompetitive merging. -
US Steel v. United States
"US steel owned by JP Morgan is broken up by antitrust laws during Woodrow Wilson's administration." -
United States v. Microsoft
"United States Department Justice investigated Microsoft for antitrust claims due to the bundling of Internet Explorer with their operating system."
