N.M. Stat. » Chapter 57 — Trade Practices and Regulations
New Mexico Statutes

N.M. Stat. § 57-14-2 (2026)

Definitions

✓ current as of May 2026
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As used in the Price Discrimination Act:

A. "person" means an individual, partnership, association, corporation, joint-stock company or business trust;

B. "price" means the net price to the buyer after deduction of all discounts, rebates or other price concessions paid or allowed by the seller;

C. "commerce" means trade within this state; and

D. "commodity" means any movable article or any commercial service sold in commerce.

History: 1953 Comp., § 49-11-2, enacted by Laws 1961, ch. 229, § 2; 1965, ch. 301, § 1.

Notes of Decisions
Cited in 2 cases, 1987–1987 · leading case: Michelson v. Merrill Lynch Pierce Fenner & Smith, 669 F. Supp. 1244 (S.D.N.Y. 1987).
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Michelson v. Merrill Lynch Pierce Fenner & Smith, 669 F. Supp. 1244 (S.D.N.Y. 1987). “[16] In contrast to the Robinson-Patman Act, upon which count III is based, the New Mexico Price Discrimination Act contains a definition of "commodity," which encompasses "any commercial service sold in commerce," N.M.Stat. Ann. § 57-14-2(D). [17] Counts XXVII and XXXII, which…”
Michelson v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 669 F. Supp. 1244 (S.D.N.Y. 1987). “In contrast to the Robinson-Patman Act, upon which count III is based, the New Mexico Price Discrimination Act contains a definition of "commodity," which encompasses "any commercial service sold in commerce," N.M.Stat. Ann. § 57-14-2(D). . Counts XXVII and XXXII, which also…”
N.M. Stat. § 57-14-2(D): 2 cases
Michelson v. Merrill Lynch Pierce Fenner & Smith, 669 F. Supp. 1244 (S.D.N.Y. 1987). “[16] In contrast to the Robinson-Patman Act, upon which count III is based, the New Mexico Price Discrimination Act contains a definition of "commodity," which encompasses "any commercial service sold in commerce," N.M.Stat. Ann. § 57-14-2(D). [17] Counts XXVII and XXXII, which…”
Michelson v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 669 F. Supp. 1244 (S.D.N.Y. 1987). “In contrast to the Robinson-Patman Act, upon which count III is based, the New Mexico Price Discrimination Act contains a definition of "commodity," which encompasses "any commercial service sold in commerce," N.M.Stat. Ann. § 57-14-2(D). . Counts XXVII and XXXII, which also…”
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