A landmark decision is a court case that is studied because it has historical and legal significance. These decisions notably set important precedents that can influence and guide future court rulings. In the legal field, a landmark decision can shape or alter laws, societal norms, and judicial interpretations.
The Sherman Antitrust Act of 1890 was the first federal act that outlawed monopolistic business practices. Its purpose was to promote economic fairness and competitiveness and to curb concentrations of power that interfere with trade and reduce economic competition.
