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.
Rancho Santa Margarita is a city in Orange County, California. One of Orange County's youngest cities, Rancho Santa Margarita is a master planned community set upon rolling hills. Most neighborhoods in Rancho Santa Margarita are within various homeowners associations. The population was 47,214 at the 2000 census. Although it is named for Rancho Santa Margarita y Las Flores, which was in San Diego County, the city limits fall within the borders of Rancho Mission Viejo.