California SB384 prohibits using price-setting algorithms that process nonpublic data to set prices or rents.

California SB384, the Preventing Algorithmic Price Fixing Act, prohibits selling, licensing, providing, or using price-setting algorithms that process nonpublic input data to set prices or rents. Each month of violation constitutes a separate offense, with civil penalties up to $1,000 per violation. The Attorney General or local prosecutors can file civil actions for violations, with prevailing parties eligible for attorney's fees and costs. Contracts conflicting with this act are void, but it does not limit antitrust laws.

California SB384 prohibits using price-setting algorithms that process nonpublic data to set prices or rents.

California SB384, the Preventing Algorithmic Price Fixing Act, prohibits selling, licensing, providing, or using price-setting algorithms that process nonpublic input data to set prices or rents. Each month of violation constitutes a separate offense, with civil penalties up to $1,000 per violation. The Attorney General or local prosecutors can file civil actions for violations, with prevailing parties eligible for attorney's fees and costs. Contracts conflicting with this act are void, but it does not limit antitrust laws.