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.
Lorimor is a city in Union County, Iowa, United States. The population was 427 at the 2000 census. Lorimor was founded by J.S. Lorimor who was given the honor of renaming the city, when the town grew after he gave land to the railroads as they traveled through town, in return for the railroad placing a water stop in the town. With the business from the Railroads, and his 2,000-acre (8.1 km) farm of bluegrass seed, the town was quite successful in its early years.