SB 384 (Wahab D) Preventing Algorithmic Price Fixing Act: prohibition on price-fixing algorithm use.

Current Text: Amended: 4/24/2025
Last Amend: 4/24/2025
Status: 6/4/2025-In Assembly. Read first time. Held at Desk.
Location: 6/3/2025-A. DESK
Summary: Would enact the Preventing Algorithmic Price Fixing Act, in addition to any other law, would
prohibit a person from selling, licensing, or otherwise providing and a seller, as defined, from using a
price-fixing algorithm, as defined, to set either: (1) a price or supply level of a good or service or (2) a
rent or occupancy level of rental property. The bill would provide a seller an affirmative defense to
liability if the seller can show that the seller conducted due diligence, as specified. The bill would
authorize the Attorney General or a city attorney or county counsel to file a civil action for violations of
these provisions, as specified, including for a civil penalty of up to $1,000 per violation, as specified.