Unfair competition: exemption.

Existing law prohibits unfair competition, including, but not limited to, unlawful business acts or practices, and authorizes actions for relief under those provisions to be brought by specified governmental agencies or by a person who has suffered injury in fact and has lost money or property as a result of the unfair competition. This bill would exempt a small business, as defined, from suit and liability under those provisions if the business engages in unfair competition by acting pursuant to a contract for services with a public entity that the business entered into in good faith, without knowledge that acting pursuant to that contract would constitute unfair competition.