Prohibited Activities

4 CMC § 5202, under Unfair Business Practices.

4 CMC § 5202

Prohibited Activities. It is illegal for one or more persons to create or use an existing combination of capital, skill or acts the effect of which is: (a) To create or carry out restrictions in trade or commerce; (b) To limit or reduce the production, or increase the price of, merchandise or of any commodity; (c) To prevent competition in the manufacture, making, transportation, sale, or purchase of any merchandise, produce, or commodity; (d) To fix at any standard or figure whereby its price to the public or consumer shall be in any manner controlled or established, any article or commodity of merchandise, produce or commerce intended for sale, barter, use, or consumption; (e) To discriminate in price between different purchasers of commodities of like grade and quality, where the effect of the discrimination may be to substantially lessen competition or tend to create a monopoly in any line of commerce; provided, that nothing contained in this chapter shall prevent differentials in price which only make allowance for differences in the cost of manufacture, sale or delivery resulting from the differing methods or quantities in which those commodities are to be purchased, sold and delivered; (f) To make or enter into or carry out any contract, obligation or agreement by which the persons do any of the following: (1) Bind themselves not to sell, dispose of or transfer any article or commodity below a common standard figure or fixed value; (2) Agree to keep the price of such article, commodity or transportation at a fixed or graduated figure; (3) Establish or set the price of any article, commodity or transportation between them or themselves and others, so as directly or indirectly to preclude free and unrestricted competition among themselves or any purchaser or consumer in the sale or transportation of a any such article or commodity; and (4) Agree to pool, combine or directly or indirectly unite any interest that they may have connected with the sale or transportation of any such article or commodity that might in any way affect its price. Source: 33 TTC § 302.