Iowa Code

Iowa Code § 553.3 (2026)

Definitions

✓ current as of July 2026
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As used in this chapter unless the context otherwise requires:

1. “Commodity” means tangible or intangible property, real, personal, or mixed.

2. “Enterprise” means a business, commercial or professional entity, including a corporation, partnership, limited partnership, professional corporation, proprietorship, incorporated or unincorporated association, or other form of organization.

3. “Government agency” means the state, its political subdivisions, and any public agency supported in whole or in part by taxation.

4. “Person” means a natural person, estate, trust, enterprise, or government agency.

5. “Price” includes the terms and conditions of sale, rental, rate, fee, or any other form of payment for a commodity or service.

6. “Relevant market” means the geographical area of actual or potential competition in a line of commerce, all or any part of which is within this state.

7. “Service” means any activity which is performed in whole or part for financial gain.

8. “Trade or commerce” means any economic activity involving or relating to any commodity, service, or business activity. [C77, 79, 81, §553.3] Referred to in §321.187A, 321M.6A \n

Notes of Decisions
Cited in 6 cases, 1975–2018 · leading case: Neyens v. Roth, 326 N.W.2d 294 (Iowa 1982).
Neyens v. Roth, 326 N.W.2d 294 (Iowa 1982). · cites it 6× “5. I. Application of Chapter 553. We first address the issue of whether the defendants’ activities fall under the coverage of chapter 553.”
Pfiffner v. Roth, 379 N.W.2d 357 (Iowa 1985). · cites it 8× “As we noted there, the impact of chapter 553, on a city, turned on two issues: First, whether a city is a "person" under the meaning of the act.”
State v. Blyth, 226 N.W.2d 250 (Iowa 1975). · cites it 2× “It deals only with what is done after a conviction if a fine is imposed and collected.”
Davies v. Genesis Med. Ctr., 994 F. Supp. 1078 (S.D. Iowa 1998). · cites it 2× “" Iowa Code § 553.3 (6). 14 . The Sherman Act, Section 2’s, prohibition against conspiracy to monopolize has a counterpart in Iowa Code § 553.”
Water Dev. Co. v. Bd. of Water Works, 488 N.W.2d 158 (Iowa 1992). “Accordingly, sections 553.3 and 553.5 are inapplicable.”
Rimas Nemickas, M.D. v. Linn Cnty. Anesthesiologists, P.C., 919 N.W.2d 637 (Iowa Ct. App. 2018). · cites it 5× “Iowa Code § 553.3 (2), (4). The law defines "trade or commerce" broadly as "any economic activity involving or relating to any commodity, service, or business activity.”
— Iowa Code § 553.3(3) — 1 case
Neyens v. Roth, 326 N.W.2d 294 (Iowa 1982). “5. I. Application of Chapter 553. We first address the issue of whether the defendants’ activities fall under the coverage of chapter 553.”
— Iowa Code § 553.3(7) — 1 case
Neyens v. Roth, 326 N.W.2d 294 (Iowa 1982). “5. I. Application of Chapter 553. We first address the issue of whether the defendants’ activities fall under the coverage of chapter 553.”
— Iowa Code § 553.3(8) — 2 cases
Neyens v. Roth, 326 N.W.2d 294 (Iowa 1982). “5. I. Application of Chapter 553. We first address the issue of whether the defendants’ activities fall under the coverage of chapter 553.”
Rimas Nemickas, M.D. v. Linn Cnty. Anesthesiologists, P.C., 919 N.W.2d 637 (Iowa Ct. App. 2018). “Iowa Code § 553.3 (2), (4). The law defines "trade or commerce" broadly as "any economic activity involving or relating to any commodity, service, or business activity.”
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