S 3819
Shrinkflation Prevention Act of 2024
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- Passed Senate
- Passed House
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- Became Law
Bill overview
The Shrinkflation Prevention Act of 2024 aims to combat ‘shrinkflation,’ where companies reduce the size of products while keeping the price the same. It directs the Federal Trade Commission (FTC) to create regulations defining shrinkflation as an unfair or deceptive practice. The bill also empowers states to take legal action against companies engaging in shrinkflation, ensuring consumers are aware of product size changes and price increases.
Sponsors
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Primary sponsor
Robert P., Jr. Casey
Cosponsors
Debbie Stabenow
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