1. Short title This Act may be cited as the Preventing Algorithmic Collusion Act of 2024 . 2. Definitions In this Act: (1) Antitrust laws The term antitrust laws — (A) has the meaning given that term in subsection (a) of the first section of the Clayton Act ( 15 U.S.C. 12 ); and (B) includes section 5 of the Federal Trade Commission Act ( 15 U.S.C. 45 ). (2) Commercial terms The term commercial terms means— (A) level of service; (B) availability; (C) output, including quantities of products produced or distributed or the amount or level of service provided; or (D) rebates or discounts made available. (3) Commission The term Commission means the Federal Trade Commission. (4) Distribute; distribution; distributing The terms distribute , distribution , and distributing include selling, licensing, providing access to, or otherwise making available by any means, including through a subscription or the sale of a service. (5) Nonpublic competitor data The term nonpublic competitor data — (A) means nonpublic data that is derived from or otherwise provided by another person that competes in the same market as a person, or a related market