Did carnegie violate antitrust law

1 answer

Answer

1189934

2026-07-25 23:36

+ Follow

Yes, Andrew Carnegie's steel empire, Carnegie Steel Company, was found to have violated antitrust laws in the early 1900s. In 1892, the Homestead Strike and subsequent violent clashes with workers led to negative public opinion and accusations of monopolistic practices. Ultimately, Carnegie sold his company to J.P. Morgan's U.S. Steel Corporation to avoid legal action.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.