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Rep. Achilles introduces RS32044C1 to target algorithmic price‑fixing in rental market
Summary
Representative Todd Achilles introduced RS32044C1 to the House State Affairs Committee to clarify that sharing confidential pricing data with third‑party service providers that produce coordinated pricing recommendations can constitute illegal price fixing; the committee voted to introduce the request statement for printing and a future hearing.
Representative Todd Achilles, R‑District 16, told the House State Affairs Committee that RS32044C1 is intended to update Idaho’s antitrust framework to address third‑party data sharing and algorithmic price coordination in rental housing markets.
"We all want free markets, and competitive markets and so 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," Achilles said, describing what he called a "hub and spoke" pattern in…
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