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.
Orangefield is an unincorporated town located about twelve miles east of Beaumont in Orange County, Texas, United States. It is part of the Beaumont–Port Arthur Metropolitan Statistical Area. In 1913, the town began to develop around the oilfield just west of Orange. After a major producing well was discovered, a post office was established for Orangefield in 1922. The population level reached an estimated 1000 people by the mid-1930’s, but within the next two decades would decrease to about 500 by the early 1950’s. As of 1990, the estimated population was about 725. The Orangefield Independent School District serves area students.