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MN HF4142

Bill

Status

Introduced

3/10/2022

Primary Sponsor

Steve Elkins

Click for details

Origin

House of Representatives

92nd Legislature 2021-2022

AI Summary

  • Prohibits direct or indirect price discrimination between different purchasers of commodities of like grade and quality when sales involve Minnesota commerce and the discrimination lessens competition or creates monopolies.

  • Allows price differentials that reflect actual cost differences in manufacture, sale, or delivery based on different methods or quantities, as well as customer selection in bona fide transactions.

  • Permits price changes in response to changing market conditions including perishable goods deterioration, seasonal obsolescence, distress sales, and business discontinuation.

  • Shifts burden to sellers charged with price discrimination to affirmatively demonstrate justification, with an exception allowing lower prices made in good faith to meet equally low competitor prices.

  • Repeals Minnesota Statutes 2020, section 325D.03, which previously prohibited locality-based price discrimination for businesses engaged in production, manufacture, or distribution.

Legislative Description

Commercial transaction price discrimination prohibited.

Last Action

Introduction and first reading, referred to Commerce Finance and Policy

3/10/2022

Committee Referrals

Commerce Finance & Policy3/10/2022

Full Bill Text

No bill text available