California Law (Last Updated: March 4, 2014) |
Business and Professions Code - BPC |
Division 7. GENERAL BUSINESS REGULATIONS |
Part 2. PRESERVATION AND REGULATION OF COMPETITION |
Chapter 4. Unfair Trade Practices |
ARTICLE 2. Definitions |
Section 17030.
Latest version.
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"Loss leader" means any article or product sold at less than cost:
(a) Where the purpose is to induce, promote or encourage the purchase of other merchandise; or
(b) Where the effect is a tendency or capacity to mislead or deceive purchasers or prospective purchasers; or
(c) Where the effect is to divert trade from or otherwise injure competitors.
(Added by Stats. 1941, Ch. 526.)