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.
Lapeer is a city in the U.S. state of Michigan and is the county seat of Lapeer County. As of the 2000 census, the city population was 9,072. Most of the city was incorporated from land that was formerly in Lapeer Township, though portions were also annexed from Mayfield Township and Elba Township. The city government is politically independent of all three townships. Lapeer is located in southern Michigan, east of Flint, on the Flint River. The name is an Americanization of the French la pierre, which means 'flint' or 'flint stone'.