Nevada. Statutory Language

Nevada Statute 31-29
Nev. Rev. Stat. §§ 598A.010 to 598A.280
§ 598A.010. Short title
This chapter may be cited as the Nevada Unfair Trade Practice Act.
§ 598A.020. Definitions
When used in this chapter, unless the context otherwise requires:
1. “Commodity” means any goods, merchandise, wares, produce, chose in
action, patents, trade-marks, articles of commerce, or other tangible or intangible
property, real, personal, or mixed, for use, consumption, enjoyment or resale.
2. “Service” means activity performed or benefits conferred for the purpose
of economic gain.
3. “Trade or commerce” includes all economic activity involving or relating
to any commodity or service.
§ 598A.030. Legislative declaration
1. The legislature hereby finds that:
(a) The free, open and competitive production and sale of commodities
and services is necessary to the economic well-being of the citizens of the State of
Nevada. (b) The acts of persons which result in the restraint of trade and
commerce: (1) Act to destroy free and open competition in our market
system and, thereby, result in increased costs and deterioration in quality of
commodities and services to the citizens of the State of Nevada.
(2) Result in economic hardships in the form of increased
consumer prices and increased taxes upon many citizens of the State of Nevada least
able to bear such increased costs.
2. It is the policy of this state and the purpose of this chapter to:
(a) Prohibit acts in restraint of trade or commerce, except where
properly regulated as provided by law.
(b) Preserve and protect the free, open and competitive nature of our
market system.
(c) Penalize all persons engaged in such anticompetitive practices to the
full extent allowed by law, in accordance with the penalties provided herein.

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