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.
Paramount is a city in Los Angeles County, California, United States. According to the 2000 census, the city had a total population of 55,266. Paramount is part of the Greater Los Angeles Area. The city is bordered by Compton and Lynwood to the west, South Gate and Downey to the north, Bellflower to the east and south, and Long Beach to the south.