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.
Bartlesville is a city in Osage and Washington counties in the U.S. state of Oklahoma. The population was 34,748 at the 2000 census. Bartlesville is located forty-seven miles north of Tulsa and very close to Oklahoma's northern border with Kansas. It is the county seat of Washington County, in which most of the city lies. Bartlesville is notable as the longtime home of Phillips Petroleum Company, now merged with Conoco as ConocoPhillips. Frank Phillips, who has a principal street named after him (the hospital is named after his wife Jane), founded Phillips Petroleum in Bartlesville in 1905 when the area was still Indian Territory. Phillips has always been the largest employer. Chiefly white-collar workers are employed by ConocoPhillips in Bartlesville, as the industrial extraction and refining work is done elsewhere in the state and throughout the world. The city has one daily newspaper and several radio stations. It is one of two places in Oklahoma where a Lenape Native American tribe lives, the other being Anadarko.