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.
Armonk is a hamlet and census-designated place (CDP) located in the town of North Castle in Westchester County, New York. As of the 2000 census, the CDP population was 3,461. Armonk is home to the global headquarters of information technology company IBM and bond insurer MBIA, and the Americas headquarters of reinsurer Swiss Re. Smith's Tavern, an historical site and landmark of the Revolutionary War, is located in Armonk and is the home of the North Castle Historical Society. The North Castle Public Library, a member of the Westchester Library System, is also located in Armonk.