What is a primary goal of the Sherman Antitrust Act?

Prepare for the Washington Advanced Real Estate Exam. Utilize flashcards and multiple choice questions with explanations to increase your understanding and improve your chances of success. Study efficiently and excel in your exam!

The primary goal of the Sherman Antitrust Act is to promote competition and protect consumers. Enacted in 1890, this landmark federal legislation aims to prevent monopolies and conspiracies that restrict trade and commerce. By prohibiting anti-competitive agreements and unilateral conduct that monopolizes or attempts to monopolize any part of interstate commerce, the Act encourages a market environment where businesses can compete fairly. This competition ultimately benefits consumers through lower prices, more choices, and innovation.

The other options, while relevant to specific aspects of real estate practice or public policy, do not reflect the core purpose of the Sherman Antitrust Act. Enforcing real estate licensing regulations pertains to state-level governance of the profession, minimizing property tax burdens relates to taxation policies, and regulating land use deals with zoning and property development issues. None of these objectives directly align with the intent of the Sherman Antitrust Act, which is fundamentally about ensuring a competitive marketplace.

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