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.
Johnstown is a city and the county seat of Fulton County, New York, USA. As of the 2000 census, the city had population of 8,511. Recent estimates put the figure closer to 8,100. The city was named by its founder, Sir William Johnson, a baronet and officer in the British army. The city of Johnstown is mostly surrounded by the town of Johnstown, of which it was once a part when it was a village. Also adjacent to the city is the city of Gloversville. The two cities are together known as the "Glove Cities". They are known for their history of specialty manufacturing. Johnstown is located approximately 45 miles west of Albany, about one-third of the way between Albany and the Finger Lakes region to the west.