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.
Smithfield is a village in Jefferson County, Ohio, United States. The population was 867 at the 2000 census. It is part of the Weirton–Steubenville, WV-OH Metropolitan Statistical Area. During Morgan's Raid, a decisive Union victory in the Civil War in 1863, Confederate Brid. Gen. John Hunt Morgan traveled through the Moorefield, Harrisville, New Athens, Smithfield, New Alexandria, Wintersville, Two Ridge, Richmond, East Springfield, Bergholz, and Monroeville on his way to defeat at the Battle of Salineville.