Terms Used In Hawaii Revised Statutes 480-5

  • buy: includes "contract to buy" "lease" "contract to lease" "acquire a license" and "contract to acquire a license". See Hawaii Revised Statutes 480-1
  • Commodity: includes , but is not restricted to, goods, merchandise, produce, choses in action, and any other article of commerce. See Hawaii Revised Statutes 480-1
  • persons: includes individuals, corporations, firms, trusts, partnerships, limited partnerships, limited liability partnerships, limited liability limited partnerships, limited liability companies, and incorporated or unincorporated associations, existing under or authorized by the laws of this State, or any other state, or any foreign country. See Hawaii Revised Statutes 480-1
  • Purchaser: includes the equivalent terms of "purchase" and "buy". See Hawaii Revised Statutes 480-1
  • sell: includes "contract to sell" "lease" "contract to lease" "license" and "contract to license". See Hawaii Revised Statutes 480-1
  • Seller: includes the equivalent terms of "sale" and "sell". See Hawaii Revised Statutes 480-1

No person shall sell or buy any commodity, or fix a price or discount from, or rebate upon, such price, on the condition, agreement, or understanding that the other person or persons shall not deal in the commodity of a competitor of the seller, or shall not deal with the competitor of the purchaser, as the case may be, when the effect of the sale or purchase or the condition, agreement, or understanding, may be to substantially lessen competition or tend to create a monopoly in any line of commerce in any section of the State.