Preventing Algorithmic Collusion Act of 2025
This bill prohibits businesses from using pricing algorithms that rely on nonpublic competitor data (like unpublicized prices or terms). It requires companies to disclose when algorithms set prices for customers or workers, and mandates audits of such algorithms upon request by the FTC or Justice Department. Violations could trigger daily fines of up to $10,000. The bill also presumes collusion if algorithms are shared between competitors, potentially leading to joint liability.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
President
Introduced Jan 23, 2025
Last action Jan 23, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 23, 2025
Committee
Read twice and referred to the Committee on the Judiciary.
upper
Jan 23, 2025
Introduced
Introduced in Senate
upper
1 primary · 8 co-sponsors
Sponsors
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