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.
Westminster is a city in Oconee County, South Carolina, United States. It was started mostly as a station on the Southern Railway. Then as stores, shops and factories started to set up around the train stop, it bloomed into a decent-sized town. Its peak of expansion came in the 1920s. The population was 2,743 at the 2000 census. The train depot, which is on the National Register of Historic Places, burned due to vandalism in 2005. It has been rebuilt. Westminster is home to several industries; among them are Beacon Blankets (formerly a division of Pillowtex, now a division of Faribault Woolen Mills), and a US Engine Valve plant.