Iowa Code 553.5 – Monopoly prohibited
Current as of: 2023 | Check for updates
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Terms Used In Iowa Code 553.5
- Person: means a natural person, estate, trust, enterprise, or government agency. See Iowa Code 553.3
- Relevant market: means the geographical area of actual or potential competition in a line of commerce, all or any part of which is within this state. See Iowa Code 553.3
- Trade or commerce: means any economic activity involving or relating to any commodity, service, or business activity. See Iowa Code 553.3
A person shall not attempt to establish or establish, maintain, or use a monopoly of trade or commerce in a relevant market for the purpose of excluding competition or of controlling, fixing, or maintaining prices.