In this episode of Regulatory Oversight, host Ashley Taylor continues the multipart series on artificial intelligence with colleagues Ghillaine Reid, David Stauss, and Matt Berns for a practical look at how states are actually regulating AI in 2025–26. Framed through a consumer protection lens, the discussion moves beyond theoretical federal proposals to real bills and regulations moving through state legislatures today.

This article was originally published in Dow Jones Risk Journal on May 4, 2026.

Prediction markets allow users to trade event contracts on real-world events, such as election outcomes, sporting events and even the highest temperature in New York City today. Seemingly overnight, they have achieved mainstream prominence. Since 2025, Kalshi’s user base alone has grown from approximately 600,000 to more than 5,000,000.

On April 27, 2026, Washington’s attorney general (AG) filed suit against Albertsons and Safeway, accusing the grocery chains of inflating prices before “buy one, get one free” (BOGO) promotions — allegedly pocketing nearly $20 million from unsuspecting shoppers. The complaint, filed in King County Superior Court, alleges roughly 3.1 million transactions were affected between October 2019 and May 2024.

In a series of recent rulings, a New Jersey trial court imposed more than $10 million in penalties against an auto dealer found to have committed more than 500 violations of the New Jersey Consumer Fraud Act in a case filed by the Attorney General (AG) and Division of Consumer Affairs — only to slash those penalties by more than 98% after granting two motions for reconsideration.

In this episode of Regulatory Oversight, host Ashley Taylor continues his multipart series on artificial intelligence (AI) with returning guests Gurkan Ay and Andrew Coles of Resolution Economics. Together, they move beyond headlines and hypotheticals to focus on how AI is being regulated today — and what companies should be doing now to manage risk.

On April 13, 2026, Virginia Governor Abigail Spanberger signed SB338 into law, amending Virginia’s Consumer Data Protection Act (VCDPA) to prohibit controllers of personal data from selling consumers’ precise geolocation data. This ban, which takes effect on July 1, 2026, makes Virginia the third state in recent years to prohibit the sale of such data and reflects a trend that is likely to continue. Somewhat surprisingly, Virginia was the second state, behind California, to enact a comprehensive consumer privacy law and is continuing within that vein with this early expansion of privacy rights.

On April 20, 2026, Attorney General (AG) Brian Schwalb announced that Live Nation, which owns Ticketmaster, will pay $9.9 million to resolve allegations of deceptive ticket pricing and hidden fees affecting District of Columbia consumers. The settlement provides millions in refunds to D.C. ticket buyers and requires Live Nation to maintain reforms that ensure upfront disclosure of full ticket prices.

On April 14, Iowa Attorney General (AG) Brenna Bird, leading a coalition of 13 state AGs, sent a pointed letter to Visa, Mastercard, American Express, and Discover. Their message was clear: payment networks are expected to help shut down the U.S. market for unauthorized e‑cigarette products.