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.
Cadillac is a city in the U.S. state of Michigan and is the county seat of Wexford County. As of the 2000 census, the city population was 10,000. The city is situated at the junction of US 131, M-55 and M-115. Approximately five miles north-northwest of Cadillac lies the geographic center of Michigan. Cadillac became the county seat after the so-called "Battle of Manton," in which a show of force was involved in enforcing a controversial decision to move the county seat from Manton, Michigan.