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May 1, 2024
The Antitrust Division of the U.S. Department of Justice (DOJ) on March 28, 2024, weighed in for the third time in recent months in support of plaintiffs in class action lawsuits...
February 9, 2024
If you have been following our recent Alerts, you are aware that the multifamily industry has been subject to a series of chilling legislative actions and proposals. Today’s Alert...
February 9, 2024
Pinnacle Property Management Services and AIR have settled with plaintiffs who accused them of increasing rent prices through collusion.
February 4, 2024
US Senator Mazie K. Hirono colleagues in introducing the Preventing the Algorithmic Facilitation of Rental Housing Cartels Act, legislation that would crack down on companies that help landlords increase rents in already high-priced markets.
February 4, 2024
In a bipartisan effort to address the challenges posed by automated price-setting algorithms, US Senator Amy Klobuchar, Chairwoman of...
February 1, 2024
The "Preventing the Algorithmic Facilitation of Rental Housing Cartels Act" is expected to be introduced in the U.S. Senate this week.
January 30, 2024
After a ProPublica investigation, U.S. senators introduced a bill to curb “price fixing” linked to rent-setting software. “Setting prices with an algorithm is no different from doing it over cigars and whiskey in a private club,” said one sponsor.