As a result of the Sherman Antitrust Act of 1890, many large firms began expanding into areas unrelated to their core businesses.

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The Sherman Antitrust Act was designed to prevent monopolies and promote competition by prohibiting certain business practices, such as price fixing and collusion. As a result, many large firms began diversifying into new areas to avoid potential antitrust issues in their core businesses. This led to the rise of conglomerates, which were companies made up of multiple unrelated businesses.

As a Result of the Sherman Antitrust Act of 1890