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.
Clear Lake City is a master-planned community located in southeast Harris County, Texas, within the Bay Area of Greater Houston. It is the second-largest master-planned community in Houston — behind Kingwood. The majority of the community lies in the corporate limits of Houston, while a small eastern portion is in the city limits of Pasadena and a small portion within the city limits of Taylor Lake Village. The community is adjacent to NASA's Johnson Space Center, as well as other major aerospace companies—including Boeing and Lockheed-Martin. Clear Lake City has the largest Asian American concentration within any master-planned communities inside the city of Houston. The community and its adjacent areas have a high concentration of engineers due to both NASA and the local petrochemical industries.