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.
Wakefield is a city in Gogebic County in the U.S. state of Michigan. The population was 2,085 at the 2000 census. The city is situated within Wakefield Township, but is politically independent. It is on US 2 about ten miles east of Ironwood and the Wisconsin border. M-28 has its western terminus in the city. It is home to Sunday Lake and Indianhead Mountain.