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.
Midway is a city in Woodford County, Kentucky, United States. Its population was 1,620 at the 2000 census. It is located midway between Frankfort and Lexington along the single-track railroad between them. It is part of the Lexington-Fayette Metropolitan Statistical Area. The town is home to a major thoroughbred race horse breeding operation, Three Chimneys Farm. In 2003, faced with a declining downtown, a major streetscape renovation project began as part of Main Street Kentucky. New period structures and lighting brought new life to the town.