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.
Paoli is a census-designated place located in Chester County, Pennsylvania near Philadelphia. It is situated in portions of two townships: Tredyffrin and Willistown. As of the 2000 census, it had a total population of 5,425. Residents of Paoli are known as Paolians or Paolites.