Alabama Code (Last Updated: November 28, 2014) |
Title8 COMMERCIAL LAW AND CONSUMER PROTECTION. |
Chapter10. RESTRAINT OF TRADE OR PRODUCTION. |
§8-10-2. Entering combination to control management of corporation with intent to fix price, diminish production, etc.
Latest version.
-
Any corporation chartered under the laws of this state or any officer, stockholder, agent, or employee of any such corporation which enters into any combination with any other corporation or person with the intent to place the management or control of any such corporation in the hands of another corporation or person and thereby limit or fix the price, restrict or diminish the production, manufacture, sale, use, or consumption of any article of commerce must be fined, on conviction, not less than $500 nor more than $2,000.