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Can I offer discounts or promotions without violating pricing laws in Colorado? What are the requirements?
Offering Discounts and Promotions in Colorado
To offer discounts or promotions without violating pricing laws in Colorado, you must ensure that you are not selling below cost with the intent to injure competitors and destroy competition, and where the likely result of such sale would be the acquisition or maintenance of a monopoly [2.2]. Additionally, you must not engage in misleading and deceptive prize promotions [1.1].
There are no specific requirements for offering discounts or promotions in Colorado, but you must ensure that your pricing practices do not violate the laws mentioned above. It is recommended that you consult with a legal professional to ensure compliance with all relevant laws and regulations.
Advertising Goods Not Available
It is unlawful for any person, firm, or corporation engaged in business within the state of Colorado to advertise goods, wares, or merchandise which they are not prepared and able to supply to the consuming public in pursuance of such advertisement [2.1].
State Competition with Private Enterprise Prohibited
A state agency shall not engage in the manufacturing, processing, sale, offering for sale, rental, leasing, delivery, dispensing, distributing, or advertising of goods or services to the public which are also offered by private enterprise unless specifically authorized by law [3.1].
Exemptions
The labor of a human being is not a commodity, service, or article of trade or commerce [4.1].
Enforcement - Criminal Proceedings
Any natural person who violates section 6-4-104, 6-4-105, or 6-4-106 commits a class 5 felony and shall be punished as provided in section 18 [4.3].
It is important to note that the above documents provide general information and may not cover all aspects of pricing laws in Colorado. Therefore, it is recommended that you consult with a legal professional to ensure compliance with all relevant laws and regulations.
Source(s):
- [1.1] Legislative finding, declaration, and intent.
- [2.1] Advertising goods not available.
- [3.1] State competition with private enterprise prohibited - exceptions.
- [2.2] Unlawful to sell below cost - definition.
- [4.1] Exemptions.
- [4.3] Enforcement - criminal proceedings.
Jurisdiction
Colorado