New Jersey. Statutory Language

New Jersey Statute 33-37

NEW JERSEY STATUTE

NEW JERSEY ANTITRUST ACT

N.J.

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. §§ 56:9-1 to 56:9-19

§ 56:9-1. Short title

This act may be known and shall be cited as the “New Jersey Antitrust Act.”

§ 56:9-2. Definitions

a. As used in this act, unless the context otherwise requires “person” shall

mean any natural person or persons, or any corporation, partnership, company, trust

or association of persons.

b. “Trade or commerce” shall include all economic activity involving or

relating to any commodity or service.

c. “Commodity” shall mean any kind of real or personal property.

d. “Service” shall mean any activity which is performed in whole or in part

for the purpose of financial gain, including but not limited to sale, rental, leasing or

licensing for use.

§ 56:9-3. Contracts and combinations in restraint of trade

Every contract, combination in the form of trust or otherwise, or conspiracy in

restraint of trade or commerce, in this State, shall be unlawful.

§ 56:9-4. Monopolies; unlawful acquisitions

a. It shall be unlawful for any person to monopolize, or attempt to

monopolize, or to combine or conspire with any person or persons, to monopolize

trade or commerce in any relevant market within this State.

b. No corporation engaged in commerce shall acquire, directly or indirectly,

the whole or any part of the stock or other share capital of another corporation

engaged also in commerce, where the effect of such acquisition may be to

substantially lessen competition within this State between the corporation whose

stock is so acquired and the corporation making the acquisition, or to restrain such

commerce in any section or community of this State, or tend to create a monopoly of

any line of commerce within this State.

c. No corporation shall acquire, directly or indirectly, the whole or any part

of the stock or other share capital of two or more corporations engaged in commerce

where the effect of such acquisition, or the use of such stock by the voting or

granting of proxies or otherwise, may be to substantially lessen competition within

this State between such corporations, or any of them, or to restrain such commerce in