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.
Bayard is a town in Grant County, West Virginia, United States. The population was 299 at the 2000 census. Bayard was incorporated in 1893 and named in honor of Thomas F. Bayard, Jr. , who later became a United States Senator from Delaware (1923–1929). Bayard was founded on the West Virginia Central and Pittsburgh Railroad as a coal mining community. Coal mining has remained the town's chief industry.