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.
Waterbury (nicknamed the "Brass City") is a city in New Haven County, Connecticut, on the Naugatuck River, 33 miles (53 km) southwest of Hartford and 77 miles (124 km) northeast of New York City. As of 2005 Census Bureau estimates, the city had a total population of 107,902 and is the fifth-largest city in Connecticut and the second largest city in New Haven County. Throughout the first half of the 20th century Waterbury had large industrial interests and was the leading center in the United States for the manufacture of brassware (including castings and finishings), as reflected in the nickname the "Brass City" and the city's motto Quid Aere Perennius? ("What Is More Lasting Than Brass?"), which echoes the Latin of Horace's Ode 3.30. It was noted for the manufacture of watches and clocks. The city is located along Interstate 84 and has a Metro North railroad station. It is also home to Post University and a regional campus of the University of Connecticut.