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.
West Liberty is a city in Muscatine County, Iowa, United States. The population was 3,332 at the 2000 census. It is part of the Muscatine Micropolitan Statistical Area. West Liberty is home to the West Liberty Raceway. It also has a fairgrounds, where the Muscatine County Fair takes place. West Liberty Foods, a producer of turkey products, has a meat processing facility as well as its corporate headquarters here. Many community service organizations are active within the community, particularly the local Rotary Club.