I first learn about “trusts” working in my father’s grocery store. Some customers would come into the store and ask if they could get X or Y to trust. My father would get out this thick book and write the name of the customer and the list of products. He would hand over the product without collecting the money; back then, I was looking for the customer to hand over the money, but he/she would quietly exit the store. This was not good for business, because when he goes to the market place to purchase his goods, he always have to pay for his products. A concept I am still trying to grasp because at age 89, he continue to do the same thing.
According to (ourdocument.gov), the Sherman’s Anti-trust Act of 1890 succeeded for