1. Administrative courts have become an attractive alternative to traditional courts for prosecution of some forms of white collar crime.
2. Adam Smith’s original vision of a capitalist society called for the development of large, powerful trusts.
3. Efforts to prohibit monopolistic practices were not made before the 19th century.
4. The Sherman Act of 1890 prohibited efforts to prevent full and free competition, as well as restraints in trade.
5. In its early years, criminal prosecution of corporations for violations of the Sherman Act was rare, and seldom successful.
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