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.
Penokee is an unincorporated community in Graham County, Kansas, United States, in the Solomon Valley. It was founded by Ben Chadsey and was originally established under the name of Reford in 1888. It grew from the Union Pacific Railroad going through town. Because the town became mistaken for Rexford, Kansas, the residents renamed their town after the Penokee Mountains near Lake Superior.