The Fair Prices for Local Businesses Act amends the Clayton Act to strengthen price discrimination prohibitions.
The Fair Prices for Local Businesses Act amends the Clayton Act to strengthen prohibitions on price discrimination. It expands the scope of activities affecting commerce, redefines terms such as "commodities" to "products or services," and modifies the definition of "purchaser." It also introduces a conclusive presumption of injury and damages for plaintiffs in discrimination cases and applies these changes to transactions occurring after the enactment date.
The filed bill text is too short for analysis.