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.
Covington is an unincorporated community in Covington Township of Baraga County in the U.S. state of Michigan, with coordinates of 46°32′29″N 88°32′13″W / 46.54139°N 88.53694°W / 46.54139; -88.53694 on US 141 near the junction with M-28, which is a few miles west of US 41.