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.
Baldwin City is a city in Douglas County, Kansas, United States about 12 miles (19 km) south of Lawrence and 15 miles (24 km) west of Gardner. It is part of the Lawrence, Kansas Metropolitan Statistical Area. The population was 3,400 at the 2000 census. The city is home to Baker University, the oldest four-year university in the state. It is the only town with its name in the United States.