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.
Hazel Park is a city in Oakland County of the U.S. state of Michigan. It is a suburb of Detroit. As of the 2000 census, the city population was 18,963; although a recent estimate by the Hazel Park Police Department placed the population at just over 20,100. The was incorporated in 1941, and bills itself as "The Friendly City". It is located in the central part of the Detroit metropolitan area, in the very southeastern corner of Oakland County, directly bordering the counties of Wayne and Macomb. Hazel Park is the third most densely populated city in Michigan, holding the position under Hamtramck and nearby Royal Oak Township. The city has the second largest Native American population in Oakland County, only halved by Keego Harbor. Pictured to the right is the Days Inn Hotel, the tallest building in the city, the Hazel Park welcome sign in Downtown, and Hazel Park High School; all landmarks of the city.