This bill enacts provisions relating to algorithmic pricing.
This bill:
- defines terms;
- provides that a supplier shall display disclaimer language when a supplier sues algorithmic pricing to set or display the price of a good or service;
- provides that disclaimer language does not apply to a loyalty, rewards, or promotional program;
- provides that the Division of Consumer Protection shall enforce the provisions this bill enacts; and
- makes technical changes.
Statutes affected: Introduced: 13-11-3, 13-11-4
Substitute #1: 13-2-1