Fair Prices for Local Businesses Act

This bill changes the Clayton Act's ban on price discrimination, which stops sellers from charging different buyers different prices in ways that harm competition. It would apply the ban to services as well as products, and to activity affecting commerce, not only activity in commerce. It would remove a seller's defense that a lower price was offered in good faith to match a competitor's price, and it would make it unlawful for buyers to induce or receive the benefit of a violation, requiring proof that this was done knowingly only for buyers with annual retail sales of $100 billion or less. It would also let a plaintiff who proves unlawful discrimination be presumed to have suffered damages equal to the amount of the discrimination, and the changes would apply to transactions on or after the law takes effect.

Full text and official record on Congress.gov

Sponsors

• Christopher Murphy Democrat sponsor
• 4 cosponsors