Guam § 103119 - Practices Injurious to Free Competition.

§ 103119. Practices Injurious to Free Competition.

Except as otherwise expressly provided by law, no person

directly or indirectly shall enter into any contract, understanding

or combination with any insurer or manager, agent or

representative thereof for the purpose of, nor shall any such

persons or insurers jointly or severably do any act or engage in

any practice for the purpose of:

(a) Controlling the rates to be charged, or the

commissions or other compensations to be paid, for insuring

any risk or class of risks; or

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(b) Entering into any agreement to commit, or

individually or by any concerted action committing, any act

of boycott, coercion, or intimidation resulting or tending to

result in unreasonable restraint of, or a monopoly in, the

business of insurance.