Bill would limit device and location data used to set prices

Controllers and processors would be barred from using specified device information to set a consumer transaction price. The restriction would apply to controllers and processors setting prices in consumer transactions through a consumer's internet-connected or short-range wireless device. The restriction would not cover device hardware or hardware state used to price device repairs, maintenance, or trade-ins. Precise location data could still set prices based on immediate local demand for a product or service provided right away, or on legitimate location-based costs, including government taxes, duties, and fees. A coupon, discount, rebate, sale, or promotion could lower the price if it is separate from the price, offered to the public on the same terms, and does not use the listed data.