§2461c. Predatory pricing

Link to law: http://legislature.vermont.gov/statutes/section/09/063/02461c
Published: 2015

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The Vermont Statutes Online



Commerce and Trade








2461c. Predatory pricing

(a) No person,

with the intent to harm competition, shall price goods or services in a manner

that tends to create or maintain a monopoly or otherwise harms competition. A

violation of this subsection is deemed to be an unfair method of competition in

commerce and a violation of section 2453 of this title.

(b) It is the

intent of the General Assembly that in construing subsection (a) of this

section, the courts of the State will be guided by similar terms contained in

federal anti-trust law as construed by the courts of the United States and as

amended by Congress.

(c) The Attorney

General shall make rules and regulations when necessary and proper to carry out

the purposes of this section. The rules and regulations shall not be inconsistent

with the rules, regulations, and decisions of the Federal Trade Commission or

with the decisions of the courts of the United States construing federal

anti-trust law.

(d) The Attorney

General has the same authority to conduct civil investigations and enter into

assurances of discontinuance as provided under subchapter 1 of this chapter.

(e) A person

aggrieved by a violation of this section or a violation of rules adopted under

this section may bring an action in Superior Court for appropriate relief under

subsection 2461(b) of this title.

(f) This section

shall not be construed to limit rights or remedies available to a person under

any other law. (Added 2005, No. 35, § 1.)