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.
Wayland is a city in Allegan County in the U.S. state of Michigan. The population was 3,939 at the 2000 census. The city is located at the northwest corner of Wayland Township, but is politically independent. The city has also incorporated a portion of land in the south of adjacent Leighton Township. U.S. Route 131 forms the western boundary of the city. A portion of Gun Lake also resides in Wayland, which is a popular summer time area because of the so called "Party Island" that resides in the very large lake. Al Capone actually owned a house overlooking the vast lake front.