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.
Pierce is a city in Clearwater County, Idaho. Elias D. Pierce and Wilbur F. Bassett made the first discovery of gold in Idaho, on Orofino Creek (Canal Gulch) in 1860, a mile (1.6 km) north of Pierce. . The population was 617 at the 2000 census. Pierce was once the county seat for Shoshone County, Washington Territory. The Pierce Courthouse, constructed in 1862, is Idaho's oldest public building. The Bald Mountain Ski Area is located 11 miles (18 km) northwest of Pierce.