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.
Browns Valley is a city in Traverse County, Minnesota, United States, adjacent to the South Dakota border. The population was 690 at the 2000 census. Browns Valley lies along the Little Minnesota River between the northern end of Big Stone Lake and the southern end of Lake Traverse, which is separated from the Little Minnesota River by a low and narrow continental divide that skirts the northern edge of town. The city, both lakes, and the river lie in the Traverse Gap, the bed of ancient Glacial River Warren, the outlet to Glacial Lake Agassiz which, when drained, became the valley of the Red River of the North.