Illinois. Statutory Language

Illinois Statute 16-43

ILLINOIS STATUTE

ILLINOIS ANTITRUST ACT

740 ILL. COMP. STAT. §§ 10/1 to 10/12

§ 10/1. Short title

This Act shall be known and may be cited as the Illinois Antitrust Act.

§ 10/2. Purpose

The purpose of this Act is to promote the unhampered growth of commerce and

industry throughout the State by prohibiting restraints of trade which are secured

through monopolistic or oligarchic practices and which act or tend to act to decrease

competition between and among persons engaged in commerce and trade, whether in

manufacturing, distribution, financing, and service industries or in related for-profit

pursuits.

§ 10/3. Violations – enumeration

Every person shall be deemed to have committed a violation of this Act who

shall:

(1) Make any contract with, or engage in any combination or conspiracy with,

any other person who is, or but for a prior agreement would be, a competitor of such

person:

a. for the purpose or with the effect of fixing, controlling, or

maintaining the price or rate charged for any commodity sold or bought by the

parties thereto, or the fee charged or paid for any service performed or received by

the parties thereto;

b. fixing, controlling, maintaining, limiting, or discontinuing the

production, manufacture, mining, sale or supply of any commodity, or the sale or

supply of any service, for the purpose or with the effect stated in paragraph a. of

subsection (1);

c. allocating or dividing customers, territories, supplies, sales, or

markets, functional or geographical, for any commodity or service; or

(2) By contract, combination, or conspiracy with one or more other persons

unreasonably restrain trade or commerce; or

(3) Establish, maintain, use, or attempt to acquire monopoly power over any

substantial part of trade or commerce of this State for the purpose of excluding

competition or of controlling, fixing, or maintaining prices in such trade or

commerce; or

(4) Lease or make a sale or contract for sale of goods, wares, merchandise,

machinery, supplies, or other commodities, or services (including master antenna

television service), whether patented or unpatented, for use, consumption, enjoyment,