to prohibit trusts or business activities that federal government regulators deem to be anticompetitive
An illegal activity under the Sherman anti trust act was in the form of trust or otherwise that was in restraint of trade or commerce among the several states, or with foreign nations.
The Sherman Antitrust Act of 1890 is a United States antitrust law which prescribes the rule of free competition among those engaged in commerce. It was passed by Congress and is named for Senator John Sherman, its principal author.
Trade is referred to as a basic economic activity that involves buying and selling of different goods and services between two or more parties involved in the transaction. Commerce involves all the activities that aid in promoting the exchange of goods and services from the manufacturer to the last customers.
A foreign national is any person who is not a national of a specific country. For example, in the United States and in its territories, a foreign national is something or someone who is neither a citizen nor a national of the United States. The same applies in Canada.
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