Fair Prices for Local Businesses Act

This bill amends the Clayton Act to expand antitrust protections for local businesses by broadening the scope of what is considered commerce to include activities affecting commerce and replacing specific terms like "goods" with "products or services." It introduces a new provision that makes it unlawful for companies to induce or receive benefits from price discrimination, with a higher threshold for smaller businesses with annual retail sales under $100 billion. The legislation also changes how damages are calculated in antitrust cases by establishing a presumption that plaintiffs have suffered injury equal to the amount of unlawful discrimination, allowing them to seek additional damages for other losses. These changes directly affect businesses engaged in commerce or activities affecting commerce, particularly those involved in pricing and purchasing decisions.