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.
Long Valley is an unincorporated community in Jackson County, South Dakota, United States. Although not tracked by the Census Bureau, Long Valley has been assigned the ZIP code of 57547. Long Valley is located 29 miles south of the county seat of Kadoka, South Dakota along Highway 73. The majority of Long Valley and its rural residents are cattle ranches, most have herds of 100 or more. They also cut the wild plains grass to feed their cattle. The distance between neighbors is usually 2.5 miles. The border of the Pine Ridge reservation runs along a line 2 miles west of Norris, SD to 12 miles south on Highway 73, north to the Badlands, 17 miles south of Kadoka, SD.