Economic Liberties Applauds Senator Ruben Gallego for Introducing Bill to Crack Down on Surveillance Pricing
Washington, D.C. — Following the introduction of the One Fair Price Act today, a new bill from Senator Ruben Gallego (D-AZ) to ban surveillance pricing tactics, the American Economic Liberties Project released the following statement.
“Dystopian surveillance pricing schemes are fueling our country’s affordability crisis, allowing corporations to weaponize personal data by filtering it through opaque algorithms to extract the maximum price consumers are willing to pay,” said Lee Hepner, Senior Legal Counsel at the American Economic Liberties Project. “Price discrimination shreds the social fabric by eroding consumer solidarity and our ability to hold predatory corporations accountable on equal terms. It is a direct threat to the financial independence of all Americans, and largely responsible for why our whole economy feels like a giant scam. The One Fair Price Act restores sanity to our economy, while protecting fair discounts and predictable prices. We’re pleased to support and endorse this bill, and urge Congress to pass it swiftly.”
Read “Prohibiting Surveillance Prices and Wages” here.
Visit The Fair Price Fight to see which states are taking on surveillance pricing.
Learn more about Economic Liberties here.
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The American Economic Liberties Project works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.