2019 US Virgin Islands Code
Title 11 - Commerce, Technology and Trade
Chapter 29 - Monopolies and Restraints of Trade
§ 1503. Violations—Enumeration

  • Every person shall be deemed to have committed a violation of this chapter who shall:
    • (1) Make any contract with, or engage in any combination or conspiracy with, any other person who is, or but for a prior agreement would be, a competitor of such person:

      • (a) for the purpose or with the effect of fixing, controlling, or maintaining the price or rate charged for any commodity sold or bought by the parties thereto, or the fee charged or paid for any service performed or received by the parties thereto;

      • (b) fixing, controlling, maintaining, limiting, or discontinuing the production, manufacture, mining, sale or supply of any commodity, or the sale or supply of any service, for the purpose or with the effect stated in paragraph (a) of subsection (1);

      • (c) allocating or dividing customers, territories, supplies, sales, or markets, functional or geographical, for any commodity or service; or

    • (2) By contract, combination, or conspiracy with one or more other persons unreasonably restrain trade or commerce; or

    • (3) Establish, maintain, use or attempt to acquire monopoly power over any substantial part of trade or commerce of the United States Virgin Islands for the purpose of excluding competition or of controlling, fixing, or maintaining prices in such trade or commerce; or

    • (4) Lease or make a sale or contract for sale of goods, wares, merchandise, machinery, supplies, or other commodities, or services, whether patented or unpatented, for use, consumption, enjoyment, or resale, or fix a price charged therefor, or discount from, or rebate upon, such price, on the condition, agreement, or understanding that the lessee or purchaser thereof shall not use or deal in the goods, wares, merchandise, machinery, supplies, or other commodity or service of a competitor or competitors of the lessor or seller, where the effect of such lease, sale or contract for such sale or such condition, agreement, or understanding may be to substantially lessen competition or tend to create a monopoly in any line of commerce; or

    • (5) It shall be unlawful for any person, either directly or indirectly, to discriminate in price between different purchasers of commodities of like grade, quality and quantity where such commodities are sold for use, consumption, or resale in the United States Virgin Islands, and where the effect of such discrimination may be substantially to lessen competition or tend to create a monopoly in any line of commerce in the United States Virgin Islands, or to injure, destroy, or prevent competition with any person who either grants or knowingly receives the benefit of such discrimination, or with customers of either of them.

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