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Can I offer discounts or promotions without violating pricing laws in North Carolina? What are the requirements?
Here is the response to your query:
Discounts and Promotions in North Carolina
There are no specific laws in North Carolina that prohibit offering discounts or promotions on products other than spirituous liquor sold in ABC stores and permitted distilleries. However, it is important to ensure that any discounts or promotions offered do not violate laws related to combinations in restraint of trade or commerce [2.4]([2.4]). Additionally, during states of disaster, states of emergency, or abnormal market disruptions, it is prohibited and shall be a violation of G.S. 75-1.1 for any person to sell or rent or offer to sell or rent any goods or services which are consumed or used as a direct result of an emergency or which are consumed or used to preserve, protect, or sustain life, health, safety, or economic well-being of persons or their property with the knowledge and intent to charge a price that is unreasonably excessive under the circumstances [2.1]([2.1]).
It is important to note that monopolizing or attempting to monopolize any part of trade or commerce in the State of North Carolina is unlawful [2.2]([2.2]). Additionally, contracts limiting the rights of any person to do business anywhere in the State of North Carolina shall not be enforceable unless such agreement is in writing duly signed by the party who agrees not to enter into any such business within such territory [2.3]([2.3]).
Conclusion
Based on the information available, it appears that offering discounts or promotions on products other than spirituous liquor sold in ABC stores and permitted distilleries is generally allowed in North Carolina. However, it is important to ensure that any discounts or promotions offered do not violate laws related to combinations in restraint of trade or commerce and that during states of disaster, states of emergency, or abnormal market disruptions, prices are not unreasonably excessive. It is also important to comply with laws related to monopolizing or attempting to monopolize any part of trade or commerce in the State of North Carolina and contracts limiting the rights of any person to do business anywhere in the State of North Carolina.
Note: This response is based on the information available in the provided context documents. If you need more specific information, please provide additional details.
Source(s):
- [2.1] Prohibit excessive pricing during states of disaster, states of emergency, or abnormal market disruptions.
- [2.2] Monopolizing and attempting to monopolize prohibited.
- [2.3] Contracts to be in writing.
- [2.4] Combinations in restraint of trade illegal.
Jurisdiction
North Carolina