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.
Pep is a small unincorporated community in southern Roosevelt County, in the southeastern part of the U.S. state of New Mexico. The community is composed almost entirely of farms and cattle ranches and is located about 7 miles south of Dora on New Mexico State Route 206.