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.
Irene is an unincorporated community in Hill County, Texas, United States. It is located approximately twelve miles southeast of Hillsboro, near the intersection of FM 308 and FM 1946. Irene had an estimated population of 170 in 2000. Area students attend school in the nearby town of Bynum's supporting school district. Although it is unincorporated, it has a post office and its ZIP code is 76650.