Colorado Democrats unveiled a trio of proposals Monday aimed at wrenching down rising prices that they blamed on corporate greed — and at forestalling newer attempts at varying pricing for different customers.
The proposals include a measure that would require price transparency for what might be considered “captive consumers,” including at sporting events or airports. Another would prohibit wholesalers from giving preferential pricing to large groups. And a third would ban companies from using consumers’ personal data to set prices or wages.
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“The Colorado Chamber opposes the bill due to feedback from our members that it’s overreaching, creating new operational and legal costs for businesses across multiple industries statewide, with little benefit to consumers,” said Meghan Dollar, the senior vice president of governmental affairs for the Colorado Chamber of Commerce.”
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