New York A05556 prohibits food service establishments from raising prices based on consumer demand, except for lowering prices during specific times.
New York A05556 amends the general business law to prohibit food service establishments from modifying the purchase price of food or beverage items based on consumer demand. This means restaurants and similar businesses cannot raise prices in response to higher demand. However, they can still lower prices during specific times of the day, such as early-bird specials or happy hours. The bill also allows establishments to raise prices once per week. This law aims to protect consumers from unpredictable price changes while still allowing for certain promotional pricing strategies.
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