§ 6-36-8 Exemptions.
Any activity or activities exempt from the provisions of the antitrust laws of
the United States shall be similarly exempt from the provisions of this
chapter. The exemptions shall be liberally construed in harmony with federal
statutes and ruling judicial interpretations of the United States courts, with
due regard for the need to exempt conduct otherwise exempt under federal law
but for the absence of any nexus with interstate commerce, except where the
provisions of this chapter are expressly contrary to applicable federal
provisions as construed. Nothing contained in this chapter shall be construed
to apply to activities or arrangements approved by any regulatory body or
officer acting under statutory authority of this state or of the United States.
(P.L. 1979, ch. 98, § 1.)