The bill H. 3179 aims to amend the South Carolina Code of Laws by adding Section 56-14-170, which establishes that it is unlawful for various entities, including manufacturers, distributors, and recreational vehicle dealers, to engage in unfair methods of competition and deceptive practices. The bill outlines specific actions that are considered unlawful, such as arbitrary or bad faith actions that cause damage to parties or the public. It also allows for legal recourse, enabling individuals harmed by these practices to sue for double the actual damages, along with the cost of the suit and reasonable attorney's fees.

Additionally, the bill provides for punitive damages in cases where the defendant's actions are found to be malicious, allowing juries to award up to three times the actual damages. It also stipulates that a final judgment against a person in related federal antitrust proceedings will serve as prima facie evidence in subsequent cases under this section. The bill will take effect upon the Governor's approval.

Statutes affected:
12/05/2024: 56-14-170
Latest Version: 56-14-170
12/06/2024: 56-14-170