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.
Salem is a city in Salem County, New Jersey, United States. As of the United States 2000 Census, the city population was 5,857. It is the county seat of Salem County, the most rural county in the state of New Jersey. The name Salem is related to the Hebrew word shalom, meaning "peace". The town and colony of Salem was founded in 1675 by John Fenwick. On February 25, 1858, it was reincorporated as Salem City.