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Standard Summary
Comprehensive overview in 1-2 paragraphs
The Fair Grocery Pricing Act prohibits food producers from using algorithmic systems to artificially inflate prices or reduce supply, treating such coordination as per se antitrust violations.
Key Points
- 1Makes algorithmic price coordination a per se violation of Sherman Act
- 2Prohibits subscription to pricing coordination services by food producers
- 3Authorizes enforcement by FTC, DOJ, and state attorneys general
- 4Provides private right of action with treble damages
- 5Invalidates pre-dispute arbitration agreements related to violations
- 6Preserves existing antitrust law enforcement authorities
Impact Areas
Food manufacturers and processorsGrocery retailers and consumersAntitrust enforcement agenciesCompetition in food marketsAlgorithmic pricing technology providers
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