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.
Lake Hughes is an unincorporated community northwest of Palmdale, Los Angeles County, California, in the Angeles National Forest on the sag pond waters of Hughes Lake. The community is agricultural in character, with a population of 2,760 within its zip code, but also has a strong recreational element centered on its four lakes.