Minnesota SF2556 aims to ensure fair pricing of grocery items by prohibiting certain practices by dominant retailers and suppliers.
The Consumer Grocery Pricing Fairness Act in Minnesota SF2556 establishes rules to prevent dominant retailers from unfairly influencing grocery prices. It prohibits dominant retailers from coercing suppliers to offer different terms of sale to various retailers. Similarly, it bars suppliers from refusing to sell to certain retailers on non-commercially reasonable grounds. The act defines "dominant covered retailer" as one with annual sales exceeding $18 billion. Violations can result in injunctions, civil penalties, or both.
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