Idaho Statute 15-24
§ 48-103. Definitions
As used in this act:
(1) “Idaho commerce” means any economic activity occurring wholly or
partly within the state of Idaho, or which affects economic activity within the state of
(2) “Person” means any natural person, corporation, partnership, trust,
association, or any other legal or commercial entity.
§ 48-104. Unreasonable restraint of trade or commerce
A contract, combination, or conspiracy between two (2) or more persons in
unreasonable restraint of Idaho commerce is unlawful.
§ 48-105. Monopolies
It is unlawful to monopolize, attempt to monopolize, or combine or conspire to
monopolize any line of Idaho commerce.
§ 48-106. Acquisitions that substantially lessen competition
(1) It is unlawful for a person to acquire, directly or indirectly, the whole or
any part of the stock, share capital, or other equity interest or the whole or any part of
the assets of, another person engaged in Idaho commerce, where the effect of such
acquisition may be substantially to lessen competition or to tend to create a
monopoly of any line of Idaho commerce.
(2) This section shall not apply to persons purchasing the stock or other equity
interest of another person solely for investment and not using those assets by voting
or otherwise to bring about, or attempt to bring about, the substantial lessening of
competition. Nothing contained in this section shall prevent a person engaged in
Idaho commerce from causing the formation of subsidiary corporations or other
business organizations, or from owning and holding all or a part of the stock or
equity interest of such subsidiary corporations or other business organizations.
§ 48-107. Exempt activities
(1) No provision of this chapter shall be construed to prohibit:
(a) Activities that are exempt from the operation of the federal antitrust
(b) Activities required or affirmatively approved by any statute of this
state or of the United States or by a regulatory agency of this state or of the United
States duly acting under any constitutional or statutory authority vesting the agency
with such power.
(c) Activities of a municipality or its officers or employees acting in an
official capacity, to the extent that those activities are authorized or directed by state