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.
Morrill is a village located in the extreme west panhandle of Scotts Bluff County, Nebraska, United States. It is part of the Scottsbluff, Nebraska Micropolitan Statistical Area. The population was 957 at the 2000 census. In 1886 the first settlers found a fertile valley at the mouth of the Sheep Creek draw and staked their claims. They came from Fort Collins, Colo. , in search of a new home. They called their new home Collins, which was located nearly a mile north of present Morrill. In 1900 the railroad determined the relocation of what is now Morrill. The new town was named for Charles Henry Morrill, president of the Lincoln Land Company. As president he laid out a tract of land for a town. In 1901 a post office was opened and the Village of Morrill was incorporated in April 1907. Some of the original buildings are still occupied today with thriving businesses. Electricity came to Morrill about 1912.