Section 11-504 - Sale or purchase at less than cost prohibited.
§ 11-504. Sale or purchase at less than cost prohibited.
(a) Prohibition on sale.- A retailer or wholesaler with intent to injure a competitor or to destroy or substantially lessen competition may not make a retail sale of cigarettes or a wholesale sale of cigarettes at less than the cost to the retailer or the cost to the wholesaler, respectively.
(b) Prohibition on purchase.- A retailer may not purchase cigarettes from a wholesaler at a cost which directly or indirectly is less than the cost to the wholesaler by any means, including offering, accepting, inducing, or attempting to induce a rebate in price or a concession of any kind in connection with the sale or purchase of cigarettes.
[An. Code 1957, art. 83, § 116; 1975, ch. 49, § 3.]