NRS 370.374
Meeting lawful price of competitor.

1.

A wholesale dealer may advertise, offer to sell or sell cigarettes at a price made in good faith to meet the lawful price of a competitor who is rendering the same type of service and is selling the same article at cost to him or her as a wholesale dealer.

2.

The price of cigarettes advertised, offered for sale or sold under an exception specified in NRS 370.3735 or at a bankruptcy sale is not the price of a competitor for the purposes of this section.

3.

In the absence of proof of the price of a competitor, the lowest cost to the wholesale dealer determined by a survey of costs that is made in accordance with recognized statistical and cost-accounting practices for a trade area shall be deemed the price of a competitor.

Source: Section 370.374 — Meeting lawful price of competitor., https://www.­leg.­state.­nv.­us/NRS/NRS-370.­html#NRS370Sec374.

Last Updated

Feb. 5, 2021

§ 370.374’s source at nv​.us