§ 6-36-2. Purpose — Rules of construction.
(a) The purposes of this chapter are:
(1) To complement the laws of the United States governing monopolistic and restrictive
trade practices; and
(2) To promote the unhampered growth of commerce and industry throughout the state by
prohibiting unreasonable restraints of trade and monopolistic practices, inasmuch
as these have the effect of hampering, preventing, or decreasing competition. It is
intended, that as a result, the prices of goods and services to consumers will be
fairly determined by free-market competit
Free access — add to your briefcase to read the full text and ask questions with AI
§ 6-36-2. Purpose — Rules of construction.
(a) The purposes of this chapter are:
(1) To complement the laws of the United States governing monopolistic and restrictive
trade practices; and
(2) To promote the unhampered growth of commerce and industry throughout the state by
prohibiting unreasonable restraints of trade and monopolistic practices, inasmuch
as these have the effect of hampering, preventing, or decreasing competition. It is
intended, that as a result, the prices of goods and services to consumers will be
fairly determined by free-market competition in activities affecting trade or commerce
in this state, including the manufacturing, distribution, financing, and service sectors
of the economy, except as otherwise provided by the statutes, regulations, and judicial
decisions of this state. The general assembly intends to fully exercise its power
to affect and regulate commerce in order to effectuate the purpose of this chapter.
(b) This chapter shall be construed in harmony with judicial interpretations of comparable
federal antitrust statutes insofar as practicable, except where provisions of this
chapter are expressly contrary to applicable federal provisions as construed.