Florida H0989 aims to prevent monopolistic practices by motor vehicle manufacturers and distributors.
Florida H0989 amends the state's statutes to prohibit motor vehicle manufacturers, importers, and distributors from establishing a monopolistic dealer body. The bill adds a provision to section 320.64, Florida Statutes, which allows for the denial, suspension, or revocation of a license if a pattern of wrongdoing is established. Specifically, it prohibits applicants or licensees from selling at least 3,000 motor vehicles wholesale to dealers in the state without first establishing at least five independent dealers.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.