Unlawful to sell below cost - definition

6-2-105. Unlawful to sell below cost - definition. (1) (a) It is unlawful for any person, partnership, firm, corporation, joint stock company, or other association engaged in business within this state to sell, offer for sale, or advertise for sale any product or service for less than the cost of the product or service with the intent to both injure competitors and destroy competition and where the likely result of such sale would be the acquisition or maintenance of a monopoly. A vendor who violates this section commits a class 2 misdemeanor. (b) (Deleted by amendment, L. 2007, p. 514, � 2, effective April 16, 2007.) (2) For purposes of this section, cost means an appropriate determination of cost that is consistent with federal court interpretations of cost in federal predatory pricing cases under the federal Sherman Act, 15 U.S.C. sec. 1 et seq. (3) (Deleted by amendment, L. 2008, p. 2244, � 1, effective June 5, 2008.) Source: L. 37: p. 1282, � 3. CSA: C. 48, � 302(3). L. 41: p. 821, � 3. L. 49: p. 343, � 3. CRS 53: � 55-2-3. C.R.S. 1963: � 55-2-3. L. 93: (1) amended, p. 1273, � 1, effective July 1. L. 2007: (1) and (2) amended, p. 514, � 2, effective April 16. L. 2008: Entire section amended, p. 2244, � 1, effective June 5. L. 2021: (1)(a) amended, (SB 21-271), ch. 462, p. 3134, � 58, effective March 1, 2022.