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Competitive Prices Act.

Bill Number
H.R. 8633
Origin Chamber
House
Congress
119th Congress, Session 2
Policy Area
Commerce
Status
Introduced
Latest Action
2026-04-30: Referred to the House Committee on the Judiciary.
Last Updated
2026-05-20T20:24:33Z

AI-Generated Summary

Purpose

The Competitive Prices Act (H.R. 8633) aims to set clear standards for proving claims of "consciously parallel pricing coordination" (companies acting similarly on prices without explicit agreement) in civil lawsuits under the Sherman Act, a key U.S. antitrust law that bans contracts, combinations, or conspiracies restraining trade. It clarifies what counts as an illegal "contract, combination in the form of trust or otherwise, or conspiracy."

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Scanlon, Mary Gay [D-PA-5]

Cosponsors (2)

Rep. Nadler, Jerrold [D-NY-12], Rep. Balint, Becca [D-VT-At Large]

Recent Actions

Bill Versions