48-106. ACQUISITIONS THAT SUBSTANTIALLY LESSEN COMPETITION. (1) It is unlawful for a person to acquire, directly or indirectly, the whole or any part of the stock, share capital, or other equity interest or the whole or any part of the assets of, another person engaged in Idaho commerce, where the effect of such acquisition may be substantially to lessen competition or to tend to create a monopoly of any line of Idaho commerce.
(2) This section shall not apply to persons purchasing the stock or other equity interest of another person solely for investment and not using those assets by voting or otherwise to bring about, or attempt to bring about, the substantial lessening of competition. Nothing contained in this section shall prevent a person engaged in Idaho commerce from causing the formation of subsidiary corporations or other business organizations, or from owning and holding all or a part of the stock or equity interest of such subsidiary corporations or other business organizations.
History:
[48-106, added 2000, ch. 148, sec. 3, p. 378.]
Structure Idaho Code
Title 48 - MONOPOLIES AND TRADE PRACTICES
Chapter 1 - IDAHO COMPETITION ACT
Section 48-102 - LEGISLATIVE FINDINGS, PURPOSE, INTERPRETATION AND SCOPE OF CHAPTER.
Section 48-104 - UNREASONABLE RESTRAINT OF TRADE OR COMMERCE.
Section 48-106 - ACQUISITIONS THAT SUBSTANTIALLY LESSEN COMPETITION.
Section 48-107 - EXEMPT ACTIVITIES.
Section 48-108 - CIVIL ACTIONS AND SETTLEMENTS BY THE ATTORNEY GENERAL.
Section 48-109 - CIVIL INVESTIGATIONS.
Section 48-110 - FAILURE TO OBEY CIVIL INVESTIGATIVE DEMAND OR SUBPOENA.
Section 48-111 - VIOLATION OF COURT ORDERS AND CONSENT DECREES — PENALTIES.
Section 48-112 - ADDITIONAL RELIEF OF DISTRICT COURT AUTHORIZED.
Section 48-113 - PRIVATE CAUSES OF ACTION.
Section 48-114 - AWARDS TO THE ATTORNEY GENERAL — USE OF MONEYS.
Section 48-115 - STATUTE OF LIMITATIONS.
Section 48-116 - ACTION NOT BARRED BECAUSE IT AFFECTS INTERSTATE OR FOREIGN COMMERCE.