What year was the Sherman Anti-Trust Act enacted?

The Sherman Anti-Trust Act was enacted in 1890, and it is considered one of the first pieces of legislation aimed at prohibiting anticompetitive business practices, specifically monopolies and restraint of trade. This law was significant in establishing a legal framework to promote competition and prevent the formation of monopolies that could harm consumers and other businesses. The act laid the groundwork for antitrust laws in the United States, which are designed to preserve market competition and ensure fair economic practices. The adoption of this act reflected a response to the growing power of industrial monopolies in the late 19th century, and it allowed the federal government to take action against businesses engaging in anti-competitive behavior.