Chapter 34
for the
STATE OF NEW MEXICO
Updated and Revised by
John R. Cooney, Esq.
Zachary L. McCormick, Esq.
Daniel M. Alsup, Esq.
Modrall, Sperling, Roehl, Harris & Sisk, P.A.
Albuquerque, New Mexico
The Section gratefully acknowledges Marshall G. Martin, Esq., John R. Cooney,
Esq., Wade L. Woodard, Esq., and Jeffery S. Dennis, Esq., for drafting this chapter in
the first, second, and third 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 ........................................................ 5
3.
Horizontal Agreements Other Than Group Boycotts ..................................... 5
3.a.
Price Fixing ....................................................................................... 6
3.b.
Market Allocation ............................................................................. 6
3.c.
Customer Allocation ......................................................................... 7
3.d.
Bid Rigging ....................................................................................... 7
3.e.
Covenants not to Compete ................................................................ 7
4.
Group Boycotts ............................................................................................... 8
4.a.
Concerted Refusals to Deal ............................................................... 8
4.b.
Expulsion or Exclusion from Membership in Trade
Associations or Other Groups ......................................................... 10
5.
Resale Price Maintenance ............................................................................. 10
5.a.
Generally ......................................................................................... 10
5.b.
Monsanto Rule ................................................................................ 10
5.c.
Impact of Leegin ............................................................................. 10
6.
Nonprice Vertical Restraints–Intrabrand ...................................................... 11
7.
Nonprice Vertical Restraints–Interbrand ...................................................... 11
8.
Tying Arrangements ..................................................................................... 11
9.
Dual Distribution .......................................................................................... 14
10.
Intracorporate Conspiracy............................................................................. 14
11.
Monopolization ............................................................................................. 15
11.a.
Monopolization ............................................................................... 15
11.b.
Attempted Monopolization ............................................................. 16
11.c.
Monopoly Leveraging ..................................................................... 16
11.d.
Predatory Pricing ............................................................................. 16
11.e.
Conspiracy to Monopolize .............................................................. 16
12.
Mergers ......................................................................................................... 16
13.
Discrimination & Other Single Firm Pricing Regulations ............................ 17
13.a.
Price Discrimination ....................................................................... 17
13.a.1.
Territoriality or Locality Discrimination ..................... 19
13.a.2.
Buyer Liability ............................................................. 19
13.a.3.
Meeting Competition Defense ..................................... 19
13.a.4.
Functional Classifications ............................................ 20
13.a.5.
Preemption ................................................................... 20
13.a.6.
Other Defenses and Exemptions .................................. 20
13.a.7.
Brokerage ..................................................................... 21
13.a.8.
Secret Payments or Allowances ................................... 21
