The American Economy and the End of Laissez-Faire: 1870 to World War II

6. Tariffs, Inflation, Anti-Trust and Cartels

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The Sherman Act outlawed restraint of trade. The Clayton Act added to that. Anti-Trust hysteria came in the 1940-50s. Whatever you did would be considered monopolistic. The charges didn't come from consumers, they came from whining competitors.
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The American Economy and the End of Laissez-Faire: 1870 to World War IIBy Murray N. Rothbard
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