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.
Lowgap is an unincorporated community in the Franklin Township of Surry County, North Carolina. Lowgap is named for the "low gap" the community is settled in among the Blue Ridge Mountains. The community has an elevation of 1,457 feet. Landmarks near the center of the community include the community post office, the community library housed in the former Lowgap School, fire department and area churches. North Carolina Highway 89, also known as West Pine Street, serves as the main thoroughfare in the community.