New York bill A03103 aims to prohibit food or beverage service establishments in chains with fifteen or more locations nationally from implementing.
New York bill A03103 seeks to amend the general business law by adding a new section that prohibits surge pricing by food or beverage service establishments in chains with fifteen or more locations nationally. Surge pricing is defined as raising prices when demand is strong and lowering prices when demand is weak, without changes in market conditions, season, or supply. The bill allows for dynamic pricing during certain periods like early-bird specials, happy hours, and seasonal specials, or for packages and catering services.
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