A corporation described by this subchapter may not:
(1) acquire, own, control, or operate a parallel or competing interurban line; or
(2) purchase, lease, acquire, own, or control, directly or indirectly, the shares or certificates of stock or bonds, a franchise or other right, or the physical property or any part of the property, of any corporation in violation of the law commonly known as the antitrust law.
Official text of the Texas Transportation Code as published by the Texas Legislative Council.