118th Congress · HOUSE BILLBILL

H.R. 2782Competitive Prices Act

To specify the standards governing claims of consciously parallel pricing coordination in civil actions under the Sherman Act, and to clarify the meaning of contract, combination in the form of trust or otherwise, or conspiracy under the Sherman Act.

Agriculture and food
Introduced Apr 20, 2023
Last action Apr 20, 2023
Pipeline · Bill → Law
Step 1
Introduced
Apr 20, 2023
Step 2
Referred
Apr 20, 2023
Judiciary
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill makes consciously parallel pricing coordination (i.e., a tacit agreement among two or more persons to raise, lower, change, maintain, or manipulate pricing for the purchase or sale of reasonably interchangeable products or services) a prohibited form of price fixing. In a civil action for a claimed violation, the plaintiff may shift the burden of proof to the defendant by demonstrating that two or more persons (1) engaged in substantially similar conduct within a substantially similar time period with respect to the pricing of reasonably interchangeable products, and (2) had a similar motivation to coordinate their efforts to change or manipulate the pricing of those products or s...

Provisions · 5 sectionsIntroduced in House
Timeline · 2 actions
Apr 20, 2023
Introduced in House
Apr 20, 2023
Referred to the House Committee on the Judiciary.