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.
Pennington is an unincorporated community in Houston and Trinity counties in the U.S. state of Texas. Originally known as Tyler or Tyler's Prairie, Pennington is located off of U.S. Highway 287 near the Davy Crockett National Forest.