PROTECTING THE ECONOMY
First Antitrust laws
Congress passed the first antitrust law, the Sherman Act, in 1890 as a "comprehensive charter of economic liberty aimed at preserving free and unfettered competition as the rule of trade." In 1914, Congress passed two additional antitrust laws: the Federal Trade Commission Act, which created the Federal Trade Commission, and the Clayton Act. With some revisions, these are the three core federal antitrust laws still in effect today.