New York enacts the "consumer grocery pricing fairness act" to ensure fair pricing for covered goods.
The "consumer grocery pricing fairness act" in New York aims to ensure fair pricing for covered goods. It prohibits covered suppliers from failing to extend the same terms of sale to all covered retailers and wholesalers purchasing the same goods on the same volume unit basis. It also bans covered suppliers from refusing to sell goods to covered retailers or wholesalers, and dominant covered retailers from imposing terms on covered suppliers. Violations can result in injunctions, civil penalties, and actual damages.
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- Legal Framework
- Critical Issues
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