#algorithmic-price-fixing

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US politics
fromPortland Mercury
1 day ago

Proposed Detention Center Fee Yields Hostile City Council Meeting

Portland City Council passed a ban on algorithmic price-fixing while facing competing protests and considering a new fee on properties leased as detention centers.
#antitrust
fromPortland Mercury
2 days ago

City Council to Vote on AI Rental Price-Fixing Software

The policy, which is co-sponsored by Councilors Mitch Green and Tiffany Koyama Lane, is intended to address a tool that allows large building owners to share private data through software that collectively sets rent prices. Antitrust experts and tenant advocates say the property management software companies-and the landlords that contract with them-are skirting federal price-fixing law by using the algorithmic tool. They say the software enables landlords to essentially collude with one another to keep rents artificially high.
US politics
US politics
fromGothamist
1 month ago

Hochul signs bill banning NY landlords from using algorithm software to set rents

New York law bans landlords and property managers from using algorithm-based software to artificially inflate rental prices, updating state antitrust laws.
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