Code of Alabama - Title 8: Commercial Law and Consumer Protection - Section 8-10-2 - Entering combination to control management of corporation with intent to fix price, diminish production, etc

Section 8-10-2 - Entering combination to control management of corporation with intent to fix price, diminish production, etc.

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.

(Code 1896, §5558; Code 1907, §7580; Code 1923, §5213; Code 1940, T. 57, §107.)

Last modified: May 3, 2021