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.
Hoquiam is a city in Grays Harbor County, Washington, United States. The town borders Aberdeen at Myrtle Street with Hoquiam on the west side. The two cities share a common economic history in lumber and exporting, but Hoquiam has maintained a separate identity from its neighbor. Aberdeen has a larger population but the two cities have a long history of competition, especially in high school sports (see "Athletics"). The population was 9,097 at the 2000 census. Hoquiam (Ho'-kwee-um) was incorporated on May 21, 1890. Its name is taken from a Native-American language meaning "hungry for wood". Hoquiam is the home of the internationally acclaimed Loggers' Playday, celebrated with a parade and logging competition every September. Although lumber and related industries have been slow for years, plans for a bio-diesel plant are in the works (Imperium Renewables Bio-Diesel opened in 2007). Bowerman Airfield (KHQM) is the local airport, coastal Washington's only jet-capable airport, with a 5,000-foot (1,524 m) runway and parallel taxiway located a stone's throw from the inlet that gives Grays Harbor its name. Hoquiam is also home to dozens of species of migrating birds which live along the water during the milder months.