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.
Torrey is a town located on State Route 24 in Wayne County, Utah, eight miles from Capitol Reef National Park. As of the 2000 census, the town had a total population of 171. The town was established in the 1880s by Mormon settlers, and was initially known as Youngtown, after John Willard Young; it is generally held to be named after Jay L. Torrey from Pittsfield, Illinois. Torrey was a member of the Wyoming legislature, who, upon the advent of the Spanish-American War, achieved national attention by proposing the creation of what became three volunteer cavalry regiments, made up of cowboys and stockmen. Torrey was commissioned Colonel of the 2nd Regiment, the "Rocky Mountain Riders"; the 1st Regiment, the only regiment to see action, was better known as the Rough Riders.