,i #aah? ,,congress #b;d ,session ,h4 ,r4 #ghbe ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #bf1 #bjbd,ms4 ,p]ez 7= h]self & ,mr4 ,deluzio7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce ,a ,,bill ,to direct ! ,f$]al ,trade ,commission to issue regulations to e/abli% %r9kflation z an unfair or deceptive act or practice1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,%r9kflation ,prev5tion ,act ( #bjbd4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,accord+ to ! ,bureau ( ,economic ,analysis1 f ! ?ird qu>t] ( #bjbj to ! second qu>t] ( #bjbb1 corporate pr(its rose by #ge p]c5t1 & ,f$]al ,res]ve rese>* f\nd t #db p]c5t ( inflation ov] t same "t p]iod w5t t[>d great] corporate pr(its4 7#b7 ,%r9kflation1 or product d[nsiz+1 occurs :5 a company decreases ! am\nt or size ( a consum] product & *>ges ! same price1 or a high] price1 = su* small] product4 7#c7 ,companies seek to deceive consum]s :5 !y practice %r9kflation )\t cle>ly disclos+ ! size *ange & p] unit price increase ( a product4 7#d7 ,accord+ to ! ,bureau ( ,labor ,/ati/ics1 r\ghly #aj p]c5t ( inflation 9 "s consum] product categories is driv5 by %r9kflation4 7#e7 ,deceptive %r9kflation tactics all[ companies to pr(it (f unaw>e consum]s1 z academic rese>* %[s t consum]s are less s5sitive to *anges 9 product size ?an to *anges 9 price4 7#f7 ,%r9kflation is disrupt+ ! ability ( families 9 ! ,unit$ ,/ates to save money4 #c4 ,prohibition ( %r9kflation 7a7 ,def9ition ( %r9kflation 7#a7 ,9 g5]al ,9 ?is ,act1 ! t]m %r9kflation means ! practice ( d[nsiz+1 or r$uc+ ! am\nt or size ( a consum] product 7z def9$ 9 section #aja ( ! ,magnuson-,moss ,w>ranty--,f$]al ,trade ,commission ,improvem5t ,act 7#ae ,u4,s4,c4 #bcja77 :ile n decreas+ ! price ( su* product by a comm5surate am\nt4 7#b7 ,modifications ,! ,f$]al ,trade ,commission 79 ?is section ref]r$ to z ! ,commission7 may promulgate regulations "u section #eec ( title #e1 ,unit$ ,/ates ,code1 to modify ! def9ition 9 p>agraph 7#a7 z ! ,commission consid]s appropriate4 7b7 ,prohibition ,n lat] ?an #ah mon?s aft] ! date ( enactm5t ( ?is ,act1 ! ,commission %all promulgate regulations "u section #eec ( title #e1 ,unit$ ,/ates ,code1 to prohibit any manufactur] f engag+ 9 %r9kflation4 #d4 ,en=cem5t 7a7 ,en=cem5t by ! ,commission 7#a7 ,unfair or deceptive acts or practices ,a violation ( a regulation promulgat$ "u section #c7;b7 %all be treat$ z a violation ( a rule def9+ an unfair or deceptive act or practice "u section #ah7;a77#a77;,b7 ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #eg;a7a77#a77;,b774 7#b7 ,p[]s ( ! ,commission 7,a7 ,9 g5]al ,! ,commission %all en=ce ! regulations promulgat$ "u section #c7;b7 9 ! same mann]1 by ! same means1 & ) ! same jurisdiction1 p[]s1 & duties z ?\gh all applicable t]ms & provisions ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #da et seq47 7 incorporat$ into & made a "p ( ?is ,act4 7,b7 ,privileges & immunities ,any p]son :o violates a regulation promulgat$ "u section #c7;b7 %all be subject to ! p5alties & entitl$ to ! privileges & immunities provid$ 9 ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #da et seq474 7,c7 ,au?ority pres]v$ ,no?+ 9 ?is ,act %all be con/ru$ to limit ! au?ority ( ! ,commission "u any o!r provision ( law4 7,d7 ,rulemak+ ,! ,commission %all promulgate 9 accordance ) section #eec ( title #e1 ,unit$ ,/ates ,code1 su* rules z may be necess>y to c>ry out ?is ,act4 7b7 ,en=cem5t by ,/ates 7#a7 ,9 g5]al ,9 any case 9 :i* ! attorney g5]al ( a ,/ate has reason to believe t an int]e/ ( ! resid5ts ( ! ,/ate has be5 or is ?reat5$ or adv]sely affect$ by ! engagem5t ( any p]son 9 a practice t violates a regulation promulgat$ "u section #c7;b71 ! attorney g5]al ( ! ,/ate may1 z p>5s patriae1 br+ a civil action on behalf ( ! resid5ts ( ! ,/ate 9 an appropriate di/rict c\rt ( ! ,unit$ ,/ates-- 7,a7 to enjo9 fur!r violation ( su* regulation by su* p]son2 7,b7 to compel compliance ) su* regulation2 7,c7 to obta9 a p]man5t1 tempor>y1 or prelim9>y injunction2 7,d7 to obta9 civil p5alties2 7,e7 to obta9 damages1 re/itution1 or o!r comp5sation on behalf ( su* resid5ts2 or 7,f7 to obta9 any o!r equitable relief deem$ appropriate by ! c\rt4 7#b7 ,rights ( ! ,commission 7,a7 ,notice to ! ,commission 7i7 ,9 g5]al ,except z provid$ 9 clause 7iii71 ! attorney g5]al ( a ,/ate %all notify ! ,commission 9 writ+ t ! attorney g5]al int5ds to br+ a civil action "u p>agraph 7#a7 n lat] ?an #aj days be=e initiat+ ! civil action4 7ii7 ,cont5ts ,! notification requir$ by clause 7i7 ) respect to a civil action %all include a copy ( ! compla9t to be fil$ to initiate ! civil action4 7iii7 ,exception ,if x is n feasible = ! attorney g5]al ( a ,/ate to provide ! notification requir$ by clause 7i7 be=e initiat+ a civil action "u p>agraph 7#a71 ! attorney g5]al %all notify ! ,commission imm$iately ^u in/itut+ ! civil action4 7,b7 ,int]v5tion by ! ,commission ,! ,commission may-- 7i7 int]v5e 9 any civil action br\ght by ! attorney g5]al ( a ,/ate "u p>agraph 7#a72 & 7ii7 ^u int]v5+-- 7,i7 be he>d on all matt]s aris+ 9 ! civil action2 & 7,,ii7 file petitions = appeal ( a decision 9 ! civil action4 7#c7 ,inve/igatory p[]s ,no?+ 9 ?is subsection may be con/ru$ to prev5t ! attorney g5]al ( a ,/ate f ex]cis+ ! p[]s conf]r$ on ! attorney g5]al by ! laws ( ! ,/ate to conduct inve/igations1 to adm9i/] oa?s or affirmations1 or to compel ! att5dance ( witnesses or ! production ( docum5t>y or o!r evid5ce4 7#d7 ,action by ! ,commission ,if ! ,commission in/itutes a civil action or an adm9i/rative action ) respect to a violation ( a regulation promulgat$ "u section #c7;b71 ! attorney g5]al ( a ,/ate may n1 dur+ ! p5d5cy ( su* action1 br+ a civil action "u p>agraph 7#a7 aga9/ any def5dant nam$ 9 ! compla9t ( ! ,commission = ! violation ) respect to :i* ! ,commission in/itut$ su* action4 7#e7 ,v5ue2 s]vice ( process 7,a7 ,v5ue ,any action br\ght "u p>agraph 7#a7 may be br\ght 9-- 7i7 ! di/rict c\rt ( ! ,unit$ ,/ates t meets applicable requirem5ts relat+ to v5ue "u section #acia ( title #bh1 ,unit$ ,/ates ,code2 or 7ii7 ano!r c\rt ( compet5t jurisdiction4 7,b7 ,s]vice ( process ,9 an action br\ght "u p>agraph 7#a71 process may be s]v$ 9 any di/rict 9 :i* ! def5dant-- 7i7 is an inhabitant2 or 7ii7 may be f\nd4 7#f7 ,actions by o!r ,/ate (ficials 7,a7 ,9 g5]al ,9 addition to civil actions br\ght by attorneys g5]al "u p>agraph 7#a71 any o!r (ficial ( a ,/ate :o is au?oriz$ by ! ,/ate to d s may br+ a civil action "u p>agraph 7#a71 subject to ! same requirem5ts & limitations t apply "u ?is subsection to civil actions br\ght by attorneys g5]al4 7,b7 ,sav+s provision ,no?+ 9 ?is subsection may be con/ru$ to prohibit an au?oriz$ (ficial ( a ,/ate f initiat+ or cont9u+ any proce$+ 9 a c\rt ( ! ,/ate = a violation ( any civil or crim9al law ( ! ,/ate4