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.
Pierson is a village in Montcalm County of the U.S. state of Michigan. As of the 2000 census, the village population was 185. The village is within Pierson Township. In 1856, David S. Pierson acquired forty acres of land here. With Dexter Clark and John L. Shar, Pierson founded the community while it was still part of Mecosta County. Pierson opened the first post office in his home on January 29, 1857. It was platted in 1870 and incorporated as a village in 1873.