Consumer Pricing Bill

Key Points

• Prohibits preferential pricing for new customers compared with existing customers
• Applies to pricing practices in consumer markets for goods and services
• Includes provisions for connected purposes to broaden its scope
• Originates in the House of Commons and is currently at the 2nd Reading; next steps include committee scrutiny
• If enacted, aims to promote fairer pricing and protect consumers from unfair price differences

Progress

The bill is currently at the 2nd Reading in the House of Commons (as of 2023-10-20). If it progresses, it will move to committee stage for detailed examination, followed by further readings and consideration by the Lords.