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.
Gridley is a village in McLean County, Illinois, United States. The population was 1,411 at the 2000 census. It is part of the Bloomington–Normal Metropolitan Statistical Area. Gridley is located on U.S. Route 24 about 7 miles (11 km) east of El Paso. It is also about that distance west of Chenoa. Gridley is about halfway between Interstate 39 and Interstate 55. The village of Gridley founded in 1869 and was named after General Asahel Gridley, a noted early Republican, land investor, political backer and client of Abraham Lincoln, and a descendant of a Colonel Gridley who served at the Battle of Lexington .