Which of the Following Statements Regarding the U

question 74

Multiple Choice

Which of the following statements regarding the U.S.government's action against monopolies in the late 1800s to early 1900s is false?

• A)The government passed the Sherman Antitrust Act in 1890, outlawing monopoly practices.
• B)The American Tobacco Company was one of the monopolies that broke up due to government action.
• C)The Clayton Antitrust Act was passed in 1914, prohibiting manufacturers to sell to dealers who agreed to reject the products of their rivals.
• D)Despite the Sherman Antitrust Act, Rockefeller's Standard Oil Company remained a monopoly.
• E)All of the statements are true.

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