365.280 Sale at less than cost prohibited -- Fine. (1) It shall be unlawful for any wholesaler or retailer to sell, at wholesale or retail, cigarettes at less than cost to the wholesaler or retailer, as the case may be, as defined in KRS 365.260 to 365.380, for the purpose of destroying competition or substantially lessening competition. (2) Any wholesaler or retailer who violates the provisions of this section shall be fined not more than one thousand dollars ($1,000). Each sale or purchase by a wholesaler or retailer, as the case may be, at less than cost, shall be treated as a separate violation. (3) Sale of cigarettes by any wholesaler or retailer at less than cost to him shall be prima facie evidence of intent to destroy or substantially lessen competition. Effective: July 13, 1990 History: Amended 1990 Ky. Acts ch. 280, sec. 3, effective July 13, 1990. -- Created 1956 Ky. Acts ch. 243, sec. 3, effective May 18, 1956.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.
