1. (a) A price offered by the wholesale customer to meet a competitor's lawful price may be offered only while competitor's price is effective and may not be lower than such competitor's price; and
2. (b) A lawful competitive price may be met whether or not that price results in a below cost sale by the wholesale customer.

Wholesale customers may meet a lawful competitive price of dairy products of similar defined composition or standard only within the same geographic marketing area. It shall be lawful to meet a competitive price subject to the following provisions:

Note: Authority cited: Sections 407 and 61341, Food and Agricultural Code. Reference: Sections 61382, 61383 and 61384, Food and Agricultural Code.

History

1. New section filed 8-29-96; operative 9-28-96 (Register 96, No. 35).

2. Amendment of subsection (a) and Note filed 8-8-2005; operative 9-7-2005 (Register 2005, No. 32).