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.
Basking Ridge is an unincorporated area located within Bernards Township in the Somerset Hills region of Somerset County, New Jersey. The area was settled during colonial times. It is home to the old AT&T Headquarters, now owned by Verizon. Basking Ridge is the current headquarters for Verizon Wireless, Avaya, and Barnes & Noble College Booksellers. The community of Basking Ridge is part of greater Bernards Township, which also includes Lyons, Liberty Corner, and West Millington.