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TeachMeFinance.com - explain Sherman Anti-Trust Act Sherman Anti-Trust Act The term 'Sherman Anti-Trust Act ' as it applies to the area of agriculture can be defined as ' The 1890 law is considered the foundation of federal anti-monopoly policy. Passed partly as an outgrowth of congressional investigations into alleged price collusion among large meat packers, the law generally prohibited restraint of trade and monopolistic practices in all industries, including agribusiness. The Capper-Volstead Act later exempted agricultural cooperatives from certain provisions of the Sherman Act and the subsequent Clayton Act'. Previous 5 Terms: Shell storage capacity Shelterbelt Shelterbelt Sheltering (in-place) shelterwood harvest Next 5 Terms: SHFT shield volcano Shield volcano　 Shielding shift About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.