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.
Welches is an unincorporated community in Clackamas County, Oregon, United States. It is located within the Mount Hood Corridor between Zigzag and Wemme along U.S. Route 26. It is one of the communities that make up the Villages at Mount Hood. The community was named after Samuel Welch, a homesteader who settled near Welches Creek in 1882. A post office was established there in 1905. The first golf course in the state was built there in 1928, and today the largest hotel and golf resort in the corridor is located there, complete with croquet courts.