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.
Wallace is a historic city in the Panhandle region of the U.S. state of Idaho and the county seat of Shoshone County in the Silver Valley mining district. Wallace sits alongside the South Fork of the Coeur d'Alene River and the town's population was 960 at the 2000 census. Wallace is the principal town of the Coeur d'Alene silver-mining district, which produced more silver than any other mining district in the United States. Burke-Canyon Road runs through historic mining communities — many of them now deserted — north and eastward toward the Montana border. East of Wallace, the Route of the Hiawatha (rails-to-trails) and the Lookout Pass ski area are popular with locals and tourists. The elevation is 2728 feet (831 m) above sea level.