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.
Savoonga is a city in Nome Census Area, Alaska, one of two on St Lawrence Island in the Bering Sea. As of the 2000 census, Savoonga's population was 643. Savoonga was incorporated in 1969, and in 1971 became the joint owner with Gambell of the entire island. The local economy consists largely of subsistence hunting for walrus, seals, fish, and bowhead whales; the city calls itself the "Walrus Capital of the World". A dogsled mail service operated here until 1963.