It is declared an unfair trade practice and unlawful for any person who is in both the wholesale and retail business of selling merchandise to sell merchandise of like grade and quality at retail at a lower price than such person sells the same merchandise at wholesale in the same town or locality.
S.C. Code Ann. § 39-5-330
Retail sale at lower than wholesale price is an unfair trade practice
Applied in 1 court decision — leading case Havird Oil Company, Incorporated v. Marathon Oil Company, Incorporated, and Emro Marketing Company, Incorporated (1998)
Most recently applied in Havird Oil Company, Incorporated v. Marathon Oil Company, Incorporated, and Emro Marketing Company, Incorporated (July 1998)
1962 Code SECTION 66-83; 1952 Code SECTION 66-83; 1942 Code SECTION 6640; 1939 (41) 425.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.