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.
Independence is a town in Grayson County, Virginia, United States. The population was 971 at the 2000 census. It is the county seat of Grayson County. Independence is home to a major town celebration on July 4 every year, held in front of the 1908 courthouse. It features bluegrass and old-time music and dance, food, crafts and a wild pony sale. The courthouse is also the location of the Mountain Foliage Festival, held in the autumn and featuring a parade, crafts, arts and music, as well as a race in which contestants use outhouses, the Grand Privy Race .