§ 24-1-2-1 — Illegal combinations; exceptions; offense; defense

Indiana § 24-1-2-1

• Jurisdiction: Indiana
• Art. 1: COMBINATIONS IN RESTRAINT OF TRADE
• Ch. 2: Combinations Restraining Trade

Text

Every scheme, contract, or combination in
restraint of trade or commerce, or to create or carry out restrictions in
trade or commerce, or to deny or refuse to any person participation, on
equal terms with others, in any telegraphic service transmitting matter
prepared or intended for public use, or to limit or reduce the
production, or increase or reduce the price of merchandise or any
commodity, or to prevent competition in manufacturing, within or
without this state, is illegal, but this chapter may not be construed to
apply to or repeal, modify or limit, or make unlawful any of the powers,
rights or privileges now existing or conferred by law upon any person.
A person who makes such a contract, engages in such a combination,
or enters into such a scheme, or does within this state any act in
furtherance of such a contract, combination, or scheme entered into
without this state, commits a Class A misdemeanor. However, it is a
defense to any action growing out of any violation of any law relating
to the subject-matter of this chapter for the defendant to prove that the
violation is not in restraint of trade or commerce, or does not restrict
trade or commerce, limit or reduce the production, or increase or
reduce the price of merchandise or any commodity, or prevent
competition in manufacturing.
Formerly: Acts 1907, c.243, s.1. As amended by Acts 1978,
P.L.2, SEC.2402.