HR 8229

The Lower Grocery Prices Act aims to prevent businesses from using algorithms to set individualized prices for food and groceries based on consumer surveillance. It prohibits using data gathered through observation or monitoring to determine prices, with exceptions for discounts offered to specific groups based on publicly disclosed criteria. The bill also requires companies to be transparent about how their pricing systems work and establishes a process for consumers to challenge inaccurate data. Finally, it empowers the Federal Trade Commission to enforce these rules and allows states to take action on behalf of their residents if a violation is suspected.