§ 6-13-3. Penalty for advertising or sale to injure competitors or destroy competition.
Any retailer, who, with intent to injure competitors or destroy competition, advertises, offers to sell, or sells at retail any item of merchandise at less than cost to the retailer, or any wholesaler who, with intent as previously mentioned, advertises, offers to sell, or sells at wholesale any item of merchandise at less than cost to the wholesaler, shall, if the offender is an individual, be punished by a fine of not more than five hundred dollars ($500) or by imprisonment for not less than one month nor more than one year, or both; or, if the offender is a corporation, by a fine as previously mentioned. Notwithstanding the provisions of this section, as it pertains to a Class A or a Class B distributor of tobacco, any offense of this title shall be punished by a fine of not more than five thousand dollars ($5,000) for a first offense; a fine of not more than ten thousand dollars ($10,000) and a license suspension of not more than fourteen (14) calendar days for a second offense; and a fine of not more than twenty thousand dollars ($20,000) and a license suspension or revocation for a third offense.
History of Section.P.L. 1939, ch. 671, § 2; G.L. 1956, § 6-13-3; P.L. 2005, ch. 348, § 1; P.L. 2014, ch. 528, § 9.
Structure Rhode Island General Laws
Title 6 - Commercial Law – General Regulatory Provisions
Chapter 6-13 - Unfair Sales Practices
Section 6-13-1. - Definitions.
Section 6-13-2. - Computation of cost of tobacco products.
Section 6-13-2.1. - Sales of milk.
Section 6-13-3. - Penalty for advertising or sale to injure competitors or destroy competition.
Section 6-13-4. - Below-cost sales as evidence of intent.
Section 6-13-5. - Sales exempt from chapter.
Section 6-13-6. - Enforcement of chapter.
Section 6-13-7. - Conflict with other law.
Section 6-13-8. - Severability.
Section 6-13-9. - Retail sales of electrical appliances.
Section 6-13-10. - Unsolicited goods.
Section 6-13-11. - Discount price advertisement.
Section 6-13-12. - Sales of gift certificates.
Section 6-13-12.1. - Donation of gift certificates.
Section 6-13-13. - Cash register windows — Obstruction of view.
Section 6-13-14. - Automatic lease renewal — Notice required.
Section 6-13-15. - Prohibition against recording credit card or social security numbers on checks.
Section 6-13-16. - Prohibition against recording personal information in credit card transactions.
Section 6-13-17. - Requiring consumers to furnish social security numbers.
Section 6-13-18. - Check cashing discrimination.
Section 6-13-19. - Requiring consumers to furnish social security numbers.