Michigan SB0992 prohibits dynamic pricing in the sale of consumer items at retail.

Michigan SB0992 amends the state's consumer protection act to prohibit the use of dynamic pricing in the sale of consumer items at retail. Dynamic pricing refers to a system that adjusts the price of a consumer item based on external conditions such as time of day, weather, or customer attributes. The bill allows for uniform price adjustments for spoilage, restocking, or other conditions, provided they are applied consistently to all customers and clearly displayed. Violations of this provision are considered violations of the Michigan consumer protection act.

Michigan SB0992 prohibits dynamic pricing in the sale of consumer items at retail.

Michigan SB0992 amends the state's consumer protection act to prohibit the use of dynamic pricing in the sale of consumer items at retail. Dynamic pricing refers to a system that adjusts the price of a consumer item based on external conditions such as time of day, weather, or customer attributes. The bill allows for uniform price adjustments for spoilage, restocking, or other conditions, provided they are applied consistently to all customers and clearly displayed. Violations of this provision are considered violations of the Michigan consumer protection act.