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.
Lake City is a city in Goodhue and Wabasha counties in the U.S. state of Minnesota. It lies along Lake Pepin, a wide portion of the Mississippi River. The population was 4,950 at the 2000 census. Most of Lake City lies in Wabasha County, with only a small portion of in Goodhue County.