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.
Beaver Falls is a city in Beaver County, Pennsylvania, United States. The population was 9,920 at the 2000 census. It is located 31 miles (50 km) northwest of Pittsburgh, and on the Beaver River, six miles (9 km) from its confluence with the Ohio River. A variety of manufacturing plants had kept the residents busy in the twentieth century; however, the city has suffered a fair amount of economic malaise lately due to the decline in the steel-making capacity in the Pittsburgh region where Beaver Falls is situated.