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.
Galax is an independent city in the southwestern part of the Commonwealth of Virginia. It is bounded to the northeast by Carroll County and to the southwest by Grayson County. The population was 6,837 as of the 2000 census. The Bureau of Economic Analysis combines the city of Galax with neighboring Carroll county for statistical purposes.