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Fair Grocery Pricing Act: Stopping Algorithmic Price Manipulation

This act aims to prevent food producers from artificially inflating prices or reducing supply using computer systems. This means citizens can expect fairer prices in stores and greater product availability. The act also allows individuals harmed by such practices to seek compensation.
Key points
Prohibits food producers from using algorithms to artificially inflate prices or reduce food supply.
Strengthens consumer protection against price collusion and unfair practices in the food market.
Allows individuals harmed by unfair practices to recover triple damages and litigation costs.
Invalidates pre-dispute arbitration agreements and joint action waivers for violations of this act.
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Status: Introduced
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Additional Information
Print number: 119_HR_1788
Sponsor: Rep. Frost, Maxwell [D-FL-10]
Process start date: 2025-03-03