H.R. 10286
Consumer Affordability and Pricing Concessions Act
Summary:
• Requires "covered stadiums" (publicly funded venues with at least 10,000 seats) to cap concession prices at no more than 7 percent above the market rate of comparable goods in the nearest metropolitan area
• Prohibits covered stadiums from charging small businesses a fee for the right to sell concessions to patrons attending events
• Enforcement is handled by the Federal Trade Commission, with violations treated as unfair or deceptive acts or practices under the Federal Trade Commission Act
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• Prohibits covered stadiums from charging small businesses a fee for the right to sell concessions to patrons attending events
• Enforcement is handled by the Federal Trade Commission, with violations treated as unfair or deceptive acts or practices under the Federal Trade Commission Act
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