Fair Prices for Local Businesses Act

Summary

The Fair Prices for Local Businesses Act amends the Clayton Act to broaden the prohibition on price discrimination to any product or service and any activity that affects commerce. It makes it unlawful for sellers and anyone who induces or benefits from discriminatory pricing, while creating a presumption of injury and damages for harmed buyers. Small retailers with less than $100 billion in annual sales are only liable if they knowingly participated in the violation.

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