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.
Cheyney is an unincorporated community that sits astride Chester and Delaware Counties in the U.S. state of Pennsylvania. It is the home of Cheyney University of Pennsylvania. The area and the University derive their name from George Cheyney's Farm which became the current campus of Cheyney University. George Cheyney's Farm and the surrounding area was part of the original land grant given to William Penn in 1681. Cheyney straddles the border between Thornbury Township in Chester County and Thornbury Township in Delaware County. These townships were originally one township, which was bisected when Delaware County split from Chester County in 1789. Both Township Offices are located along Cheyney Road next to the University.