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.
North Wales is a borough in Montgomery County, Pennsylvania, United States. It is a suburb of Philadelphia, Pennsylvania and is one of the three historic population centers that make up the North Penn Valley. The population was 3,342 at the 2000 census. Like many small boroughs in Pennsylvania, North Wales is at "build out", meaning that its boundaries have not kept up with population growth. Summarily, many businesses and residences with North Wales addresses are located in outlying townships that were never annexed by the borough, such as the Montgomery Mall in Montgomery Township. North Wales is in the North Penn School District.