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.
Valley Falls is a city in Jefferson County, Kansas, United States. The population was 1,254 at the 2000 census. Originally named Grasshopper Falls, The city is located in Delaware Township. It is governed by a mayor/council form of government. There are five council members. The day-to-day business of the city is conducted by the city administrator, and a part-time city clerk, paid employees of the city. Valley Falls is part of the Topeka, Kansas Metropolitan Statistical Area.