No person shall enter into any agreement to commit, or by any concerted action commit, any act of boycott, coercion or intimidation resulting or tending to result in unreasonable restraint of, or monopoly in, the business of insurance in this state, or in the business of health care services, prepaid dental services, motor clubs or bail bondsmen.
§ 59A-16-19 NMSA 1978
Monopolistic practices prohibited
Applied in 3 court decisions — leading case Bhasker v. Kemper Cas. Ins. Co. (2018)
Most recently applied in Bhasker v. Kemper Cas. Ins. Co. (February 2019)
Laws 1984, ch. 127, § 285.
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.