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The Clayton Antitrust Act was the first successful anti-monopoly legislation. By successful, it did not prevent monopolies completely, but at least had the support to be enforced. It, along with the Sherman Antitrust Act, would serve as the models for future legislation relating to monopolies.
The purpose of both the Sherman Act in 1890 and the Clayton Act in 1914 was to ensure competition in the American marketplace by making certain business activities illegal, among which were trusts and monopolies.