As used in the Price Discrimination Act:
A. "person" means an individual, partnership, association, corporation, joint-stock company or business trust;
B. "price" means the net price to the buyer after deduction of all discounts, rebates or other price concessions paid or allowed by the seller;
C. "commerce" means trade within this state; and
D. "commodity" means any movable article or any commercial service sold in commerce.
History: 1953 Comp., § 49-11-2, enacted by Laws 1961, ch. 229, § 2; 1965, ch. 301, § 1.
Structure New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Article 14 - Price Discrimination
Section 57-14-1 - Short title.
Section 57-14-2 - Definitions.
Section 57-14-3 - Discrimination unlawful.
Section 57-14-4 - Meeting competitive price a defense.
Section 57-14-5 - Commissions and brokerages unlawful.
Section 57-14-6 - Customer discrimination.
Section 57-14-7 - Cooperatives exempt.