AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- PROTECTING RHODE ISLANDERS FROM COERCIVE ECONOMIC TACTICS AT GROCERY STORES

HB 5552, the "Price Tags Act," requires grocery suppliers to offer identical pricing and terms to all retailers purchasing the same products in similar quantities. It directly affects large food suppliers (with over $6 billion in annual sales to RI retailers) and dominant grocery chains (with over $18 billion in annual sales across 20+ states). Key provisions mandate suppliers to share anonymized pricing data with smaller retailers upon request and prohibit refusing sales to non-dominant retailers without valid reasons. The law aims to prevent large chains from leveraging their size to secure better deals, ensuring smaller grocery stores in Rhode Island receive fair treatment in pricing negotiations.