Question

Enforcement of the Sherman Antitrust Act benefited consumers by
O banning rate discrimination by railroads.
O establishing the Interstate Commerce Commission.
O reducing wages paid to hourly workers.
O increasing competition in the marketplace.

Answer 1

Answer:

Enforcement of the Sherman Antitrust Act benefited consumers by  increasing competition in the marketplace.

Explanation:

The enforcement of the Sherman Antitrust Act was beneficial for American consumers as it declared monopolies illegal, forcing companies with high market dominance (such as Standard Oil) to fragment, fostering competition between companies. This competition, in turn, generated that service providers must necessarily adapt their services and prices to market needs, benefiting consumers through the bid to attract customers, offering better conditions of their choice.

Answer 2

One of the main benefits of enforcing the Sherman Antitrust Act was that it  increased competition in the marketplace.

The Sherman Antirust Act:

• Was passed to limit the formation of monopolies
• Allowed for the break-up of trusts which controlled too much of an industry

As a result of the Act being passed to limit monopolies and the enforcement of the Act allowing the government to break up trusts which had monopolized various industries, consumers were able to enjoy competition in the market instead of monopolies setting whatever prices they wanted.

In conclusion, the Sherman Antitrust Act increased competition in the market.

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