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.
Birmingham is an affluent city in Oakland County of the U.S. state of Michigan. As of the 2000 census, the total population was 19,291. An upscale suburb of Detroit, the city hosts a downtown that attracts shoppers from throughout the Metro Detroit area.