The reason for creating the Sherman Antitrust Act was that:

Question

A. Large companies in oil, railroads, and steel dominated the economy.
B. Large corporations were failing.
C. European countries were writing similar legislation.
D. Large corporations pressured Congress to pass it.

Answer 1

The correct answer is: A. Large companies in oil, railroads, and steel dominated the economy.

The Sherman Antitrust Act, passed in 1890, was aimed at addressing the monopolistic practices of large corporations that were dominating various industries and limiting competition.