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.
Wellsville is a city in Franklin County, Kansas, United States. The town site of Wellsville was laid out in the fall of 1864 by Messrs. Shoot, Root and Wells of Chicago. The town was named after Mr. Wells of the company. The population was 1,606 at the 2000 census.