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The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit abusive monopolies, and in some ways it remains the most important.Trusts and Monopolies. A trust was an arrangement by which stockholders in several companies transferred their shares to a single set of trustees.he Sherman Antitrust Act was the first measure enacted by the U.S. Congress to prohibit trusts (or monopolies of any type).
Antitrust Law Violations. updated. Antitrust laws are meant to protect competition in the marketplace. Competition is considered beneficial because it saves consumers money and encourages businesses to make better products.iolations are considered a type of white collar crime because they hurt competition, cause an increase in consumer prices, and can potentially damage the economy. There are three main antitrust laws: the Sherman Antitrust Act, the Clayton Act, and the Federal Trade Commission Act.