Any mutual or secret contract, agreement, arrangement, combination, or common understanding expressed or implied, made by any person, licensed pursuant to the New Jersey Cigarette Tax Act, with any other licensee or person, whereby, with the intent to injure competitors or destroy or substantially lessen competition, the price for cigarettes to be paid in the State of New Jersey is reduced, or decreased below the minimum price stipulated by the Director for the particular brand or brands, is void, illegal, and prohibited, and no recovery thereon may be had.
N.J. Admin. Code § 18:6-7.2