3 ms·

Illegal in California...

• deleted 3y ago
  [deleted]
• scarface_74 3y ago
  Three conditions must be met. https://www.upcounsel.com/lectl-california-antitrust-law https://www.upcounsel.com/lectl-california-antitrust-law > Loss Leader Sales > The Act also bars "loss leader" sales, defined as sales (1) below cost, (2) to induce, promote or encourage the purchase of other merchandise, and (3) with the intent to injure competitors or destroy competition. Business and Professions Code 17044. If that were not the case, cell carriers couldn’t sell phones below cost to sell service plans and the entire “razor vs razor blades” model would be illegal. That also means that game console sales would be illegal.
  • jjeaff 3y ago
    how would you prove intent to injure a competitor? wouldn't all attempts to outcompete a competitor be considered an attempt to injure them? there is no way Costco isn't losing money on their $4.99 chickens or $1.50 hot dog and drink. and I assume the point is to get you in the door so you will buy other stuff from them and not Amazon or Walmart.
    • scarface_74 3y ago
      You mean legislators pass laws that are only for show and have no basis in reality? I’m shocked!