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.
Stambaugh was a city in Iron County in the U.S. state of Michigan. In the 2000 census, the city population was 1,243. Effective July 1, 2000, the city of Stambaugh and the village of Mineral Hills were both merged into the city of Iron River. The city was adjacent to Stambaugh Township, but was administratively autonomous.