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.
Smoketown is a small farming village in East Lampeter Township, Lancaster County, Pennsylvania, west of Bird-in-Hand at the intersection of Pennsylvania Route 340 (Old Philadelphia Pike) and Pennsylvania Route 896 (Eastbrook Rd). Also known as Smoke Town, it is served by the Smoketown Airport. As of 2000, it has a population of 119.