Antitrust and Trade Regulation laws aim to promote free competition in the marketplace. Agreements or cooperative efforts by two or more entities that affects or restrains competitors is illegal under these laws. The Sherman Act makes illegal any contract, combination, or conspiracy in restraint of trade or commerce and makes monopolies and attempts, combinations, or conspiracies to monopolize illegal. The Clayton Act regulate price discrimination, tying and exclusive dealing contracts, stock acquisition and interlocking directorates.
Pelham is a city and suburb of Birmingham in Shelby County, Alabama, United States. At the 2000 census the population was 14,369, but has grown to 20,120 according to the latest Census estimate in 2006. It was named for famed American Civil War officer John Pelham. An F2 tornado damaged business buildings here along with Indian Springs, Helena, and Inverness on Palm Sunday March 27, 1994.