The Preventing Algorithmic Collusion Act of 2025 aims to stop unfair business practices by regulating the use of pricing algorithms. It prohibits the use of algorithms that rely on nonpublic competitor data, as these can potentially lead to collusion. The bill requires...
Simple Explanation
The Preventing Algorithmic Collusion Act of 2025 is a new rule that tries to stop companies from using secret computer tricks to set prices unfairly, making sure they play fair by telling people how they decide prices and making sure they don't share secret stuff with each other.