Politic related news.
Bill would make the use of algorithmic price fixing a violation of Valentine Act
Sens. Louis Blessing III, R-Colerain Township, and Willis Blackshear Jr., D-Dayton, have proposed legislation that would amend the state’s antitrust law to target algorithmic price fixing. Senate Bill 79 would make the use and distribution of a pricing algorithm that uses non-public competitor data a violation of the Valentine Act, the state’s antitrust law which [...]