Competitive Prices Act.
Rep. Scanlon Introduces Competitive Prices Act to Make it Easier to Sue Companies for Price Fixing
The Competitive Prices Act is currently in the early stages of the legislative process. It was recently sent to the House Committee on the Judiciary for review. No further actions are scheduled at this time.
Legislative Progress
This bill faces significant opposition from business groups and lacks the broad bipartisan support needed to pass a divided Congress.
Key Points
Impact Analysis
Personal Impact
Small businesses that buy supplies, materials, or services from larger companies in concentrated industries could benefit from stronger tools to challenge coordinated pricing. When dominant suppliers quietly match each other's prices, small businesses often pay inflated costs with no recourse. This bill would make it easier for them to bring antitrust lawsuits without needing a smoking gun like a secret agreement.
“any person seeking damages or injunctive relief for violations of the antitrust laws”
Milestones
Referred to the House Committee on the Judiciary.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Competitive Prices Act.
Data Sources
Sponsor
Cosponsors
(1)Analysis generated by AI. Always verify with official sources.