It is a defense to any action under this act [ 57-14-1 to 57-14-9 NMSA 1978] to show that the seller's lower price, payment or furnishing of services or facilities to any purchaser, was made in good faith to meet equally low prices of a competitor or the services or facilities furnished by a competitor.
§ 57-14-4 NMSA 1978
Meeting competitive price a defense
Known as the Price Discrimination Act
The act spans §§ 57–57 (9 sections).
1953 Comp., § 49-11-4, enacted by Laws 1961, ch. 229, § 4.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.