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.
Valle Crucis is an unincorporated community located in Watauga County, North Carolina. The name of the town is Latin for "Vale of the Cross," a reference to a valley in the area where three streams converge to form a shape similar to an archbishop's cross.