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.
Edison (formerly, Wade) is an unincorporated community in Kern County, California. It is located 7.5 miles (12 km) east-southeast of Bakersfield, at an elevation of 568 feet (173 m). In 1902, the Edison Electric Company built a substation on the site. The Southern Pacific Railroad arrived at Wade in 1903, and changed the name to Edison. The Edison post office opened in 1903, closed in 1929, and re-opened in 1946.