California Lawsuit Targets AI Firm Kalibrate Over Alleged Gas Price-Fixing Scheme
Executive Briefing
- Accuses AI pricing company Kalibrate and 1,700+ California gas stations of running an illegal algorithmic price-fixing scheme
- Defendants include major retailers such as 7-Eleven, Walmart, Albertsons, Circle K, BP, and Marathon
- Plaintiffs claim Kalibrate's tools inflate gas prices by up to 30 cents per gallon in affected areas
- California gas averages $5.58 vs. $3.93 nationally, with some stations charging up to $7 per gallon
- Lawsuit cites the Cartwright Act and Assembly Bill 325, which ban algorithmic price-fixing schemes
- Estimates each penny increase in gas prices costs California drivers $134 million annually
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