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.
Smoot is an unincorporated community in western Greenbrier County, West Virginia, United States. It lies south of the interchange of Interstate 64 and U.S. Route 60 northwest of the city of Lewisburg, the county seat of Greenbrier County. Its elevation is 2,480 feet (756 m). Although it is unincorporated, it has a post office, with the ZIP code of 24977.