Louisiana Administrative Code
Title 16 - COMMUNITY AFFAIRS
Part III - Consumer Protection
Chapter 3 - Deceptive Pricing
Section III-317 - Use of Sale Terminology
Current through Register Vol. 50, No. 9, September 20, 2024
A. It is a deceptive act or practice for a seller to use terms such as "sale", "sale prices", "now only $ ____", or other words and phrases that imply a price savings unless the price of the merchandise is reduced by a reasonable amount from the former price of the merchandise. If the seller reduces the price by 5 percent or more from the former price, a rebuttable presumption exists that the price reduction was of a reasonable amount. However, the term "sale" may be used in an advertisement where not all items are offered at a reduction from regular price if the items are clearly and conspicuously identified.
B. You may not advertise a "sale" or use words that mean the same thing unless you have made reasonable reductions from the regular selling price of your sale merchandise. What is a reasonable reduction will depend on the profit margins typical in your industry.
Example:
TV and VCR SALE ! |
10% Off All TV's! Special Group of VCR's 20% Off! |
Other merchandise at regular prices |
Note that the ad makes it clear that only the TVs and VCRs are on sale.
AUTHORITY NOTE: Promulgated in accordance with R.S. 51.1 et seq.