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.
Grand Rapids is a city in Itasca County, Minnesota, United States. The population was 7,764 at the 2000 census. It is the county seat of Itasca County. The city of Grand Rapids is named for the 3.5 mile long local rapids in the Mississippi river, which was the uppermost limit of practical steamboat travel during the late 1800s. Today, those rapids are hidden underneath the dam of the Blandin Paper Mill.