Puerto Rico. Statutory Language

Puerto Rico Statute 42-17
10 P.R.
. §§ 257
§ 257. Definitions
The terms “person” and “persons” are used in this chapter, except as otherwise
provided, to include, in addition to natural persons, and without it being understood
as a limitation, corporations, companies, partnerships, associations, trusts, or any
other organizations or entities, as well as two or more persons, as herein the term is
defined, joined in interest; but shall not include public corporations or state
§ 258. Transactions in restraint of trade
Every contract, combination in the form of trust or otherwise, or conspiracy in
unreasonable restraint of trade or commerce in the Commonwealth of Puerto Rico or
in any section thereof, is hereby declared to be illegal and every person who shall
make any contract or engage in any combination or conspiracy hereby declared to be
illegal shall be guilty of a misdemeanor.
§ 259. Fair competition
(a) Unfair methods of competition, and unfair or deceptive acts or practices in
trade or commerce are hereby declared unlawful.
(b) Without impairment of the authority to resort to the remedies authorized
by § 269 of this title, the Office of Monopolistic Affairs, through rules and
regulations adopted as provided in § 272(a)(5) of this title, may proscribe specific
acts or practices, in a general manner or in any specific line of trade or commerce, in
accordance with the standard provided in the preceding paragraph.
The rules and regulations authorized in this subsection shall be adopted, before
their promulgation, by a special board consisting of the Secretary of Justice, the
Economic Development Administrator, the Secretary of Commerce, as ex officio
members and two citizens appointed by the Governor, with the advice and consent of
the Senate. The Secretary of Justice will be the chairman of said board and the Office
of Monopolistic Affairs shall provide it with secretarial services.
Each ex officio member may, with the approval of the board, designate a
representative of his respective department to substitute him in said board, with all
the corresponding rights and prerogatives, when he is unable to appear personally at
the meetings, but said substitute representatives may not assume the chairmanship of
the board. The name of the substitute shall be submitted beforehand to the board for
its approval. The substitute may attend the meetings of the board, but shall only have
voice and vote in case of absence of the ex officio member whom he represents.

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