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.
Clayton is a village in Lenawee County of the U.S. state of Michigan. As of the 2000 census, the village population was 326. The village is situated on the boundary between Hudson Township on the west and Dover Township on the east, with a portion of the village in each. M-34 (or W. Carleton Rd. ) passes along the south side of the village, while M-156 has its northern terminus at the junction with M-34. The road, also known as Morey Highway, continues north through the village.