Pennsylvania HB2626 amends the Unfair Trade Practices and Consumer Protection Law to define dynamic pricing and restrict its use in retail stores.
Pennsylvania HB2626 amends the Unfair Trade Practices and Consumer Protection Law to define dynamic pricing as pricing that fluctuates dependent on conditions where models retrain or recalibrate on information in near real time. It prohibits the use of dynamic pricing in retail stores within Pennsylvania if the price is displayed electronically in a manner that enables remote changes. This change aims to protect consumers from unfair pricing practices.
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