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.
Nesmith is an unincorporated community in Williamsburg County, South Carolina, United States. It was a station on the Seaboard Air Line Railroad line which was built about 1912. Today it consists of a post office, fire station, and a country store, serving a large rural area which depends on agriculture and logging. Black Mingo Creek flows alongside the hamlet. The community was named after the Nesmith family.