Bill S07033 suggests disclosure of algorithmically set prices in New York, but specifics cannot be confirmed without the full text.
If you use algorithms for pricing in NY, you must disclose these prices. Details on compliance dates and penalties are not specified.
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What This Means
The Preventing Algorithmic Pricing Discrimination Act may involve disclosure of algorithmically determined prices, but specifics cannot be confirmed without the full bill text.
Key Provisions
- Disclosure of algorithmically set prices is suggested by the title and description, but details cannot be confirmed without full text review.
Latest Legislative Action
RECOMMIT, ENACTING CLAUSE STRICKEN
Bill Sponsors
| Name | Role |
|---|---|
| BRISPORT | Primary |
| Cordell Cleare D | Primary |
| KAVANAGH | Primary |
| Rachel May D | Primary |
| SANDERS | Primary |
Compliance Checklist
Who: Businesses using algorithmic pricing
Penalty: Potential regulatory scrutiny or other consequences
Related & Companion Bills
Full Legal Analysis
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Affected Industries
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