Opinion | Shiny New Technology, Same Old Funny Business
The RealPage lawsuit highlights the dangers of algorithm-driven price fixing in the housing market.
How the Justice Department is cracking down on software that lets landlords collude on rent prices
Rising rental prices and illegal price-fixing practices are significantly burdening U.S. renters, with millions spending over half of their income on housing.
Opinion | Shiny New Technology, Same Old Funny Business
The RealPage lawsuit highlights the dangers of algorithm-driven price fixing in the housing market.
How the Justice Department is cracking down on software that lets landlords collude on rent prices
Rising rental prices and illegal price-fixing practices are significantly burdening U.S. renters, with millions spending over half of their income on housing.
Objections abound as NAR settlement approaches final approval date
The upcoming approval hearing for the NAR settlement faces widespread objections from various plaintiffs challenging its fairness and effectiveness in curbing commission fixing.
Bay Area real estate agents face uncertainty amid looming changes
The real estate industry is facing a significant shift due to lawsuits alleging price fixing by real estate companies.
The National Association of Realtors agreed to a $418 million settlement regarding the standard practice of offering commissions to buyer's agents, affecting the buying and selling process.
Objections abound as NAR settlement approaches final approval date
The upcoming approval hearing for the NAR settlement faces widespread objections from various plaintiffs challenging its fairness and effectiveness in curbing commission fixing.
Bay Area real estate agents face uncertainty amid looming changes
The real estate industry is facing a significant shift due to lawsuits alleging price fixing by real estate companies.
The National Association of Realtors agreed to a $418 million settlement regarding the standard practice of offering commissions to buyer's agents, affecting the buying and selling process.
Lawsuit accuses colleges of tuition-fixing conspiracy
Colleges may have illegally colluded to inflate tuition rates and limit financial aid for certain students, particularly those with noncustodial parents.
The lawsuit claims elite colleges' financial aid practices may constitute price-fixing, leading to increased student debt and higher education costs.
Lawsuit accuses colleges of tuition-fixing conspiracy
Colleges may have illegally colluded to inflate tuition rates and limit financial aid for certain students, particularly those with noncustodial parents.
Elite colleges accused of price-fixing to make divorced parents pay more, including MIT, BU
A federal lawsuit has been filed against top colleges accused of colluding to fix financial aid formulas that disadvantage students with divorced parents.
DOJ investigates SAP, Carahsoft for alleged price-fixing
US officials are investigating SAP and Carahsoft for potential price-fixing in government contracts, posing legal risks for both companies.
RealPage's algorithmic pricing strategy may lead to price-fixing without traditional collusion, resulting in higher rents and reduced market competition.
Opinion | Amy Klobuchar Wants to Stop Algorithms From Ripping You Off
Senator Klobuchar's Preventing Algorithmic Collusion Act targets illegal price-fixing through algorithms that exploit competitors' data to raise prices at consumers' expense.
Is Your Rent an Antitrust Violation?
RealPage's algorithmic pricing strategy may lead to price-fixing without traditional collusion, resulting in higher rents and reduced market competition.
Opinion | Amy Klobuchar Wants to Stop Algorithms From Ripping You Off
Senator Klobuchar's Preventing Algorithmic Collusion Act targets illegal price-fixing through algorithms that exploit competitors' data to raise prices at consumers' expense.
After SF Supes Banned It Locally, Rent Price Software RealPage Gets Sued by US Justice Department
San Francisco's ban on RealPage's rental price algorithm preceded a DOJ lawsuit for illegal price-fixing, highlighting proactive local governance against corporate abuse.
Algorithms can aid price collusion, even if no humans actually talk to each other, US enforcers say
Algorithms can be used for illegal price-fixing without direct human communication.
The DOJ and FTC emphasize the importance of addressing algorithmic price-fixing cases.
Canada Bread blames former owner Maple Leaf Foods for price-fixing scheme | CBC News
Canada Bread denies participating in a price-fixing scheme and claims it was acting under the direction of its former majority owner Maple Leaf Foods.
Maple Leaf Foods denies allegations of improper pricing conduct by Canada Bread while it was a shareholder.