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.
Electra is a city in Wichita County, Texas, United States. It is part of the Wichita Falls, Texas Metropolitan Statistical Area. The United States Census Bureau counted Electra's population as 3,168 at the 2000 census and estimated it to be 2,891 as of 2006. Electra claims the title of Pump Jack Capital of Texas, a title made official by the state in 2001, and has celebrated an annual Pump Jack Festival since 2002.