US SB3686 | 2023-2024 | 118th Congress

Status

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on January 30 2024 - 25% progression
Action: 2024-01-30 - Read twice and referred to the Committee on the Judiciary.
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

Summary

A bill to prevent anticompetitive conduct through the use of pricing algorithms by prohibiting the use of pricing algorithms that can facilitate collusion through the use of nonpublic competitor data, creating an antitrust law enforcement audit tool, increasing transparency, and enforcing violations through the Sherman Act and Federal Trade Commission Act, and for other purposes.

Tracking Information

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Title

Preventing Algorithmic Collusion Act of 2024

Sponsors


History

DateChamberAction
2024-01-30SenateRead twice and referred to the Committee on the Judiciary.

Subjects


US Congress State Sources


Bill Comments

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