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.
Nancy is an unincorporated community eight miles west of the city of Somerset in Pulaski County, Kentucky. On January 19, 1862, during the American Civil War, Union forces achieved their first significant victory, defeating the Confederates at the Battle of Mill Springs near Nancy.