Fair Prices for Local Businesses Act

This bill changes the Clayton Act's ban on price discrimination so that it covers services as well as products, and activities that affect commerce, not only sales made in commerce. It removes the defense that lets a seller justify a lower price by showing it was offered in good faith to match a competitor's price. It makes it unlawful to induce or receive the benefit of a price discrimination violation; buyers with annual retail sales of $100 billion or less would be liable only if they acted knowingly. It also says a plaintiff who proves unlawful price discrimination is presumed to have suffered damages equal to the amount of the discrimination, and may seek additional damages. The changes would apply to transactions on or after the date the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• Marie Gluesenkamp Perez Democrat sponsor
• 1 cosponsors