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.
Manistique is a city in the Upper Peninsula of the U.S. state of Michigan. As of the 2000 census, the city population was 3,583. It is the county seat of Schoolcraft County and the only incorporated community in the county. The city lies on the north shore of Lake Michigan, at the southwest corner of Manistique Township, but is politically autonomous. Manistique was founded where the Manistique River flows into Lake Michigan, forming somewhat of a natural harbor, which has since been improved with breakwaters, dredging, and a lighthouse. The river also provides water for a paper mill, Manistique Papers, which forms a large portion of the local economy. The economy also depends heavily on tourism. The city is also the first setting of the musical The Christmas Schooner.