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New Law Bans Shrinkflation: Protecting Consumers from Hidden Price Hikes.

This bill aims to protect consumers from "shrinkflation," the practice of reducing product size or quantity while maintaining or increasing the price. The Federal Trade Commission (FTC) is mandated to issue regulations prohibiting manufacturers from engaging in this deceptive practice. This measure is intended to help families save money and ensure greater transparency in consumer pricing.
Key points
Establishes a federal prohibition on manufacturers reducing product size without a corresponding price decrease (shrinkflation).
The FTC must establish rules within 18 months defining shrinkflation as an unfair or deceptive act or practice.
State Attorneys General are empowered to sue companies on behalf of residents to secure damages, restitution, and civil penalties.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_S_3819
Sponsor: Sen. Casey, Robert P., Jr. [D-PA]
Process start date: 2024-02-28
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Shrinkflation Prevention Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_3819.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-02-28.

What are the main provisions?

Key points include:

  • Establishes a federal prohibition on manufacturers reducing product size without a corresponding price decrease (shrinkflation).
  • The FTC must establish rules within 18 months defining shrinkflation as an unfair or deceptive act or practice.
  • State Attorneys General are empowered to sue companies on behalf of residents to secure damages, restitution, and civil penalties.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Casey, Robert P., Jr. [D-PA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy