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.
Waterloo is in the county seat of Black Hawk County, Iowa, United States. As of the 2000 census, the city had a total population of 68,747, with an estimated population of 66,662 in 2008. It belongs to the Waterloo-Cedar Falls Metropolitan Statistical Area, and is the larger of the two cities, by population.