Why did the government pass the Sherman Antitrust Act of 1890?

The Sherman Antitrust Act of 1890 was passed to combat the growing power of monopolies and corporations that stifled competition and harmed consumers. The government aimed to promote fair competition and prevent anti-competitive practices that could lead to price fixing and reduced innovation. By establishing a legal framework to challenge monopolistic behavior, the Act sought to protect both the economy and the interests of the public. Overall, it marked a significant shift towards increased regulation of business practices in the United States.