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.
Taft (formerly Moron, Moro, and Siding Number Two) is a city in the foothills at the extreme southwestern edge of the San Joaquin Valley. Taft is located 30 miles (48 km) west-southwest of Bakersfield, at an elevation of 955 feet (291 m). The Taft area is home to 18,000 residents and numerous companies.