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flag Senator Klobuchar proposes bill to curb rent hikes by regulating algorithm use in pricing.

flag Senator Amy Klobuchar introduced the "Preventing Algorithmic Collusion Act," a bill targeting high rents in major cities. flag The legislation aims to stop companies from using rental market data and algorithms to set higher rents, requiring disclosure from rental companies and directing the FTC to study competition impacts. flag The bill needs bipartisan support to pass in the Republican-controlled Senate and House.

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