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.
Gladstone is a city in Delta County in the U.S. state of Michigan. First settled in 1877, Gladstone's original name was Saunders Point. The population was 5,032 at the 2000 census. U.S. Routes 2 and 41 run concurrently through the city, connecting with Escanaba, nine miles to the south. US 41 runs north to Marquette and US 2 runs east to Manistique. M-35 runs northwest 52 miles to Gwinn and merges with US 2/US 41 south to Escanaba.