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Antitrust Act – N.M. Stat. Ann. §57-1-1

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The state of New Mexico has an Antitrust Act that makes every contract, agreement, combination or conspiracy in restraint of trade or commerce, any of which occurs within New Mexico, unlawful.  Any person that is threatened with injury or that has suffered injury due to the anti-competitive arrangement may bring an action for injunctive relief and receive a monetary reward up to threefold the damages sustained, plus attorney’s fees and other reasonable costs.  Additionally, the attorney general may bring an action on behalf of the state or any public agency. 

The statute of limitations for antitrust actions is four years after the cause of action accrues, or within four years after the plaintiff discovered, or should have discovered through reasonable diligence, the facts relied upon for proof of the cause of action.

Current as of June 2015