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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>80586</law_id><section_number>59.1-207.43</section_number><catch_line>Use of certain terms in advertising former or comparison prices</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="59.1">Trade and Commerce</unit><unit label="chapter" level="2" order_by="1" identifier="17.7">Comparison Price Advertising Act</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> No supplier shall advertise a former or <span class="dictionary">comparison price</span> in terms of &#x201C;market value,&#x201D; &#x201C;valued at&#x201D; or words of similar import unless such price is the price at which the goods or services, or goods or services of substantially the same kind, quality or quantity, are offered for sale by a reasonable number of suppliers in the supplier&#x2019;s trade area. <a id="paragraph-288816" class="section-permalink" href="https://vacode.org/59.1-207.43/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> A supplier may advertise a former or <span class="dictionary">comparison price</span> in terms of &#x201C;manufacturer&#x2019;s suggested price,&#x201D; &#x201C;suggested retail price,&#x201D; &#x201C;list price,&#x201D; or words of similar import provided that, with regard to such advertising, the use of the former or <span class="dictionary">comparison price</span> complies with 15 U.S.C. &#xA7; 45 (a) (1) and the regulations of the Federal Trade Commission adopted thereunder. <a id="paragraph-288817" class="section-permalink" href="https://vacode.org/59.1-207.43/#B"><i class="fa fa-link"/></a></p></section></text><history>1992, c. 768.</history><metadata></metadata></law>
