Establishes the "protecting consumers and jobs from discriminatory pricing act"

Summary

The bill adds a new section to the General Business Law that defines terms such as algorithm, personal data, dynamic pricing, and discriminatory pricing. It targets retailers and other entities that use automated pricing based on consumer information. By establishing these definitions, the legislation aims to give the state a basis for future regulation of pricing practices that could harm consumers or jobs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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