Richard Blumenthal: “New York, one Fair Price act prohibits businesses from using…”

“In particular, my state of Connecticut, along with the state of New York, has passed laws that regulate surveillance pricing. Some of these laws are stronger than others, with restrictions ranging from corporate transparency to complete bans. New York, one Fair Price act prohibits businesses from using algorithms to set prices in whole or in part based on personal data. Connecticut Commendably also signed onto a bill that prevents retailers and third party delivery services from engaging in personalized prices.” (03:20–03:30)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.