SLASH Prices Act
Require clear disclosure to consumers when prices are personalized by algorithms, including factors used, before purchase.
Require clear disclosure to consumers when prices are personalized by algorithms, including factors used, before purchase.
HR 9371 proposes to require disclosure when personalized algorithmic pricing is used. The bill aims to increase transparency around pricing practices that tailor costs to individual consumers using data-driven algorithms. The underlying goal is to inform consumers when they are facing personalized prices and to promote accountability in pricing systems that leverage algorithmic decision-making.
Note: This summary reflects the bill’s stated objectives and typical legislative provisions based on the title and action history provided. For precise language, definitions, exceptions, penalties, and enforcement procedures, refer to the full text of HR 9371 as reported by the Committee and the House floor.
Compiled from official sources — confirm details with the bill’s official record.
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