New Jersey § 56:9-4
Full text of New Jersey New Jersey Statutes § 56:9-4, with citation guidance and answers to common questions.
§ 56:9-4.
a. It shall be unlawful for any person to monopolize, or attempt to monopolize, or
to combine or conspire with any person or persons, to monopolize trade or commerce
in any relevant market within this State. b. No corporation engaged in commerce shall acquire, directly or indirectly, the whole
or any part of the stock or other share capital of another corporation engaged also
in commerce, where the effect of such acquisition may be to substantially lessen competition
within this State between the corporation whose stock is so acquired and the corporation
making the acquisition, or to restrain such commerce in any section or community of
this State, or tend to create a monopoly of any line of commerce within this State. c. No corporation shall acquire, directly or indirectly, the whole or any part of
the stock or other share capital of two or more corporations engaged in commerce where
the effect of such acquisition, or the use of such stock by the voting or granting
of proxies or otherwise, may be to substantially lessen competition within this State
between such corporations, or any of them, or to restrain such commerce in any section
or community of this State, or tend to create a monopoly of any line of commerce within
this State. d. This section shall not apply to corporations purchasing such stock solely for investment
and not using the same by voting or otherwise to bring about, or in attempting to
bring about, the substantial lessening of competition. Nor shall anything contained in this section prevent a corporation engaged in commerce
from causing the formation of subsidiary corporations for the actual carrying on of
their immediate lawful business, or the natural and legitimate branches or extensions
thereof, or from owning and holding all or a part of the stock of such subsidiary
corporations, when the effect of such formation is not to substantially lessen competition. e. Nothing contained in this section shall be held to affect or impair any right heretofore
legally acquired.
Frequently Asked Questions About New Jersey § 56:9-4
What does New Jersey Statutes § 56:9-4 cover?
Section 56:9-4 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 56:9-4?
A common citation format is "New Jersey Statutes § 56:9-4" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 56:9-4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.