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.
Waterproof is a town in Tensas Parish, Louisiana, United States with a population of 834 as of 2000 census. Waterproof is approximately seventeen miles north of Ferriday, one of the two principal communities of Concordia Parish. Poverty abounds in Waterproof, a delta town dependent on farming. Cotton is the most common crop, but corn and soybeans are also important. In 2008, drought destroyed much of the corn crop.