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.
Likely (formerly, South Fork) is an unincorporated community in Modoc County, California. It is located near the South Fork of the Pit River 18 miles (29 km) south of the county seat of Alturas, at an elevation of 4449 feet (1356 m). Located 6 miles north-northwest of Likely Mountain, it is somewhat sheltered from prevailing southwesterly winds, and its microclimate is noticeably dryer and less stormy than surrounding areas. The ZIP Code for the community is 96116.