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.
Penn (also Lauren) is an unincorporated community in western Ramsey County, North Dakota, United States. It lies along U.S. Route 2 northwest of the city of Devils Lake, the county seat of Ramsey County. Its elevation is 1,467 feet (447 m). The community was first named Lauren for the townsite owner, Lauren, and was later renamed Penn for English stockholders. Although it is unincorporated, it has a post office, with the ZIP code of 58362.