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.
Wellford is a city in Spartanburg County, South Carolina, United States. The population was 2,030 at the 2000 census. Wellford was founded in 1740 by a man named Wellington who was building a railroad in the area. He settled and named the town Wellington. When the town was chartered on December 9, 1882 the name was changed to Wellford.