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Rep. Achilles introduces RS to bar algorithmic price‑fixing in rental markets
Summary
Representative Todd Achilles introduced RS32044C1 to clarify that sharing confidential pricing data with third‑party platforms that then produce pricing recommendations constitutes illegal price fixing; the committee voted to introduce the RS for printing.
Representative Todd Achilles of District 16 introduced a legislative request (RS32044C1) to the House State Affairs Committee seeking to clarify that the sharing of competitors' confidential pricing data with third‑party service providers that generate pricing recommendations can amount to illegal price‑fixing.
"This RS in front of you is intended to fix a growing problem in markets where companies are sharing data and using that data to price fix," Representative Achilles said, citing reports of repeated, similar rent increases across different apartment buildings in Boise and Coeur d'Alene.
The RS, Achilles told the…
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