Shrinkflation Prevention Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 7825 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 7825 To direct the Federal Trade Commission to issue regulations to establish shrinkflation as an unfair or deceptive act or practice, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 26, 2024 Ms. Perez (for herself and Mr. Deluzio) introduced the following bill; which was referred to the Committee on Energy and Commerce _______________________________________________________________________ A BILL To direct the Federal Trade Commission to issue regulations to establish shrinkflation as an unfair or deceptive act or practice, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Shrinkflation Prevention Act of 2024''. SEC. 2. FINDINGS. Congress finds the following: (1) According to the Bureau of Economic Analysis, from the third quarter of 2020 to the second quarter of 2022, corporate profits rose by 75 …