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Maryland Is The First State To Ban Dynamic Pricing, Which Uses AI And Other Data To Up Prices At Stores
Maryland Is The First State To Ban Dynamic Pricing, Which Uses AI And Other Data To Up Prices At Stores

If consumers are wondering why they’re paying higher prices for certain items at major retailers and grocery stores, it might be due to “dynamic pricing,” a practice that uses artificial intelligence and other data to increase costs. Maryland legislators have passed a bill to become the first state to ban the practice. “And I can’t wait to sign it,” Gov. Wes Moore said of the new legislation in an April 14 post shared on X, formerly Twitter. https://twitter.com/iamwesmoore/status/2044180617995133374?s=20 Moore initially introduced the Protection from Predatory Pricing Act in January, according to a news release . The bill aims to prohibit “a food retailer and a third-party delivery service provider from engaging in the practice of dynamic pricing or using consumer personal data to set a price for consumer goods or services.” The Maryland General Assembly passed the legislation in early April. “Marylanders deserve to know that the price they see on the shelf is the price they will...

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