Section 1. Short title
This Act may be cited as the Discount Pricing Consumer Protection Act of 2011.
Section 2. Prohibition on minimum resale price maintenance
Any agreement setting a price below which a product or service may not be sold by a retailer, wholesaler, or distributor shall violate section 1 of the Sherman Act (15 U.S.C. 1).
Section 3. Effective date
This Act shall take effect 90 days after the date of the enactment of this Act.