The reasons why HR is important can vary depending on if you look at the issue from a manager or employee perspective. Below is a list of typical functions of a human resources department that will help you better understand the essential role of HR in a company. Why Is HR Important for Managers?
The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit abusive monopolies, and in some ways it remains the most important. Trusts and Monopolies. A trust was an arrangement by which stockholders in several companies transferred their shares to a single set of trustees.
The Sherman Antitrust Act is landmark 1890 U.S. legislation which outlawed trusts, then understood to mean monopolies and cartels, to increase economic competitiveness. BREAKING DOWN 'Sherman Antitrust Act' The Sherman Antitrust Act was proposed in 1890 by Senator John Sherman from Ohio and was passed in the same year by the 51st U.S. Congress. Passed at the height of what is known as the Gilded Age in American history, the legislation is an early example of capitalist competition law designed to ensure that the economic playing field remained competitive.