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.
Parchman is a small unincorporated town in Sunflower County, Mississippi, United States, in the Mississippi Delta region. Best known as the home of Mississippi State Penitentiary, formerly called Parchman Farm, Parchman is the oldest prison and the only maximum security prison in the state. Parchman also houses inmates who have been sentenced to death in Mississippi on death row. Instead of building a permanent execution chamber there, the state built the first portable electric chair in the United States, carried on a pickup truck and used until 1955, for executions at Parchman.