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.
Corbin is a city in Whitley and Knox counties in the southeastern portion of the U.S. state of Kentucky. The urbanized area around Corbin extends into Laurel County; this area, known as North Corbin, is not incorporated into the city limits, due to a state law prohibiting cities from being in more than two counties. Much of the North Corbin area is served by the city's public services, however. As of the 2000 census, the city population was 7,742, with 17,558 living in the "urban cluster" that includes Corbin.