Chapter 34
for the
STATE OF NEW MEXICO
Updated and Revised by
John R. Cooney, Esq.
Zachary L. McCormick, Esq.
Adam H. Greenwood, Esq.
Modrall, Sperling, Roehl, Harris & Sisk, PA
Albuquerque, New Mexico
The Section of Antitrust Law thanks Deyonna Young, Assistant Attorney General,
New Mexico Attorney General’s Office, for her review of this chapter.
The Section gratefully acknowledges Jeffery S. Dennis, Esq., Marshall G. Martin,
Esq., and Wade L. Woodard, Esq. for their work on this chapter in prior editions.
New Mexico 34-iii
CONTENTS
1. Introduction ................................................................................................... 1
1.a. Overview...........................................................................................1
1.b. Source of Law–Statutes and Others..................................................1
1.c. History...............................................................................................2
1.d. Relation to Federal Law....................................................................2
1.e. Remedies...........................................................................................3
1.f. Enforcement......................................................................................4
2. The Per Se Rule and the Rule of Reason ....................................................... 4
3. Horizontal Agreements Other Than Group Boycotts .................................... 5
3.a. Price Fixing .......................................................................................5
3.b. Market Allocation .............................................................................6
3.c. Customer Allocation .........................................................................6
3.d. Bid Rigging.......................................................................................6
3.e. Covenants Not to Compete ...............................................................6
4. Group Boycotts.............................................................................................. 7
4.a. Concerted Refusals to Deal ...............................................................7
4.b. Expulsion or Exclusion from Membership in Trade
Associations or Other Groups ...........................................................9
5. Resale Price Maintenance.............................................................................. 9
5.a. Generally...........................................................................................9
5.b. Monsanto Rule................................................................................10
5.c. Impact of Leegin .............................................................................10
6. Nonprice Vertical Restraints–Intrabrand..................................................... 10
7. Nonprice Vertical Restraints–Interbrand..................................................... 10
8. Tying Arrangements .................................................................................... 11
9. Dual Distribution ......................................................................................... 13
10. Intracorporate Conspiracy............................................................................ 13
11. Monopolization............................................................................................ 13
11.a. Monopolization...............................................................................13
11.b. Attempted Monopolization .............................................................14
11.c. Monopoly Leveraging..................................................................... 15
11.d. Predatory Pricing.............................................................................15
11.e. Conspiracy to Monopolize ..............................................................15
12. Mergers........................................................................................................ 15
13. Discrimination & Other Single Firm Pricing Regulation ............................ 15
13.a. Price Discrimination .......................................................................15
13.a.1. Territorial or Locality Discrimination.......................... 17
13.a.2. Buyer Liability............................................................. 17
13.a.3. Meeting Competition Defense ..................................... 17
13.a.4. Functional Classifications............................................ 18
13.a.5. Preemption................................................................... 18
13.a.6. Other Defenses and Exemptions.................................. 18
13.a.7. Brokerage..................................................................... 19
13.a.8. Secret Payments or Allowances................................... 19
