New York City is advancing the Proposed POWER Act, a measure designed to expand consumer protections and reshape business practices by granting broader enforcement powers to the city’s Department of Consumer and Worker Protection. The legislation would introduce stricter penalties for unfair or deceptive trade practices, potentially creating new legal challenges for companies operating within the city. Critics argue the law could lead to increased litigation risks for businesses, while supporters highlight its aim to strengthen accountability in commercial transactions. The proposal marks another step in the city’s efforts to regulate corporate behavior under consumer-focused policies.
NYC’s Proposed POWER Act Would Open New Front for Business Litigation PYMNTS.com
