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.
Scotland is a city in Archer County in the U.S. state of Texas. It is part of the Wichita Falls, Texas Metropolitan Statistical Area. The population was 438 at the 2000 census. The town is named for its founder, Henry J. Scott. The historic 11-room J.H. Muerer House, with a wrap-around porch, is located in Scotland. Constructed in 1911, it was a residence for Roman Catholic priests.