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.
The City of Sierra Madre, is a town in Los Angeles County, California. The population was about 10,580 at the time of the 2000 census. It is in the Foothills of the San Gabriel Mountains below the southern edge of the Angeles National Forest with the cities of Pasadena and Altadena to its west, and Arcadia to its south and east.