A price control measure has been introduced in the Colorado legislature aimed at third party delivery apps and so-called “captive” audience vendors, sparking significant opposition from a variety of business interests.
House Bill 26-1012 is part of a package of legislation majority Democrats have in mind to regulate consumer prices and limit what the bill sponsors claim is price gouging. “Consumer Protections to Promote Fair Market Pricing” is the only bill in the package introduced so far.
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The Colorado Chamber of Commerce and their Legal Reform Alliance are among those who have come out in opposition to the bill: “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,” Meghan Dollar, senior vice president of governmental affairs and political operations for the Chamber, told Complete Colorado.
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