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

Senate Bill 991, known as the "Price Tags Act," aims to establish fair pricing practices for grocery items sold to retailers and wholesalers in Rhode Island. It requires large suppliers to offer the same sales terms for identical goods to all covered retailers and wholesalers purchasing similar volumes. The bill also mandates suppliers to provide anonymized sales terms from dominant retailers upon request and prohibits them from refusing sales to non-dominant retailers without commercially reasonable justification. This legislation seeks to ensure a more equitable competitive environment among grocery businesses in the state.