New Legislation Aims To Ban Algorithmic Pricing Of Rents
The "Preventing the Algorithmic Facilitation of Rental Housing Cartels Act" is expected to be introduced in the U.S. Senate this week.
Source: inman.com
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Senators Seek to Bar Landlords From Using Algorithms to Artificially Inflate Rents — ProPublica
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.
Source: propublica.org