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.
Salem is a city in northern Columbiana County and extreme southern Mahoning County, Ohio, United States. At the 2000 census, the city's population was 12,197. Salem is a principal city of the East Liverpool-Salem Micropolitan Statistical Area, which includes all of Columbiana County. The small portion of the city that extends into Mahoning County is considered part of the Youngstown-Warren-Boardman, OH-PA Metropolitan Statistical Area. Both of these are components of the Youngstown-Warren-East Liverpool, OH-PA Combined Statistical Area.