Those who opposed the provisions of the Sherman Antitrust Act believed that success in business depended on

Those who opposed the provisions of the Sherman Antitrust Act believed that success in business depended on an utter lack of regulation by the US government, since this Act sought to limit the freedom of some businesses.

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MrZieleniewo MrZieleniewo · Answer 2 · 2019-01-06T04:21:30+01:00

Answer: large business owners working together.

Context/history:

The Sherman Anti-Trust Act was the first measure by Congress to prohibit trusts. It was passed by Congress in 1890. A trust was when stockholders in multiple companies transferred their stock shares to a single group of trustees. Thus a whole industry area could be dominated by a single "trust" organization, destroying the free market of business competition. This was a monopolistic practice which the Sherman Anti-Trust Act ended. Thus the Sherman Anti-Trust Act directly went against the idea of those who believed business success should be based on large business owners colluding with one another.