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.
Townsend is a city in Blount County, Tennessee, in the southeastern United States. The population was 244 at the 2000 census. Townsend is one of three "gateways" to the Great Smoky Mountains National Park and the home of several museums and attractions relating to both the natural and human history of the Smoky Mountains. Dubbing itself "the Peaceful Side of the Smokies," Townsend has the least traffic of the park's three main entrances. The park's other two entrances— one just south of Gatlinburg and the other just north of Cherokee— are home to multiple commercial attractions that draw millions of tourists each year. Townsend is more low-key, with a handful of inexpensive restaurants and motels, several businesses geared toward outdoor sports, and the world-renowned horse show.