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.
Chapel Hill is a town in Orange County, North Carolina, United States and the home of the University of North Carolina at Chapel Hill (UNC) which claims to be the oldest state-supported university in the U.S. The population was 48,715 at the 2000 census; its population was listed at 54,492 in the Census Bureau's 2007 estimates. Chapel Hill, Durham and Raleigh make up the three corners of the Research Triangle, so named in 1959 with the creation of Research Triangle Park, a research park between Durham and Raleigh.