Posts Tagged ‘price maker’

  • The common app used by many senior applying to college might violate the Sherman Antitrust Act

    One Reason That the Common App and Standard Oil Are Similar

    May 17, 14 • 377 Views • Businesses, Demand, Supply, and Markets, Economic Debates, Economic History, Economic Thinkers, Government, Labor, RegulationNo Comments

    Who would have expected the Sherman Antitrust Act to relate to college applications? In 1890, the Sherman Antitrust Act was passed because large firms were acting “in restraint of trade.” Supporting Adam Smith, the goal was to control business