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.
South Lake Tahoe is a city in El Dorado County, California, in the Sierra Nevada Mountains. The population was 23,609 at the 2000 census. The east end of the city, on the California-Nevada state line, is mainly geared towards tourism, with T-shirt shops, restaurants, hotels, and Heavenly Mountain Resort with the Nevada casinos just across the state line in Stateline, Nevada. The city extends about five miles west-southwest along U.S. Route 50, also known as Lake Tahoe Blvd. The western end of town is mainly residential, and clusters around "The Y" (new intersection October 2008), the X-shaped intersection of US 50, State Route 89, and the continuation of Lake Tahoe Boulevard after it loses its Federal highway designation. According to the United States Census Bureau, the city has a total area of 16.5 square miles, of which, 10.1 square miles (26.1 km²) of it is land and 6.4 square miles (16.7 km²) of it (39.03%) is water. Its elevation is about 6,260 feet.