Relating to: prohibiting retail dynamic price gouging of consumer goods and providing a penalty.

Summary

The bill creates a new law that stops retail sellers from setting prices for consumer goods based on individualized data processed by computational systems, including artificial intelligence. It applies to any retailer selling packaged goods for personal, family, or household use, and violators can receive a warning, a civil forfeiture of up to $10,000, or an injunction. The law becomes effective the first day of the fourth month after it is published.

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