With little fanfare and but a single comment, Santa Monica once again moved to the forefront of rental protections last week by becoming one of the first U.S. cities to prohibit algorithmic rental ...
In recent years, both private plaintiffs and the government have increasingly scrutinized businesses’ use of “algorithmic pricing” software, leading to a wave of antitrust lawsuits and enforcement ...
In the fast-paced world of finance, the utilization of algorithmic trading software has become a game-changer. Defined as the use of computer algorithms to automate trading strategies, this ...
Spokane has joined the growing list of cities across the country to ban the use of algorithmic software that landlords have allegedly used to coordinate rent increases, which some Spokane City Council ...
The use of algorithmic pricing software, including dynamic and competitive pricing, raises fairness, antitrust and privacy concerns when the data is based on personal, nonpublic or competitively ...
MISSOULA, Mont. — The Missoula City Council is preparing to take a stand against “anti-competitive rental practices,” including the use of price-fixing technology. Council members overwhelmingly ...
The San Francisco-based 9th U.S. Circuit Court of Appeals in a decision last month settled accusations of illegal coordination by Las Vegas resorts on hotel room prices via shared computer software ...
Spokane is joining other major cities in banning software used to coordinate rent increases. Spokane has joined the growing list of cities across the country to ban the use of algorithmic software ...
The U.S. Department of Justice on Friday sued a major real estate firm, alleging the company’s algorithmic software enables landlords across the country to set rent at artificially high rates. The ...
The DOJ and eight state attorneys general filed a civil antitrust suit against property management software company RealPage. The complaint contends that the company conspired with landlords to ...
Landlords in Maryland would be prohibited from using controversial algorithmic software to set rents under legislation scheduled to be introduced Tuesday, a response to allegations that one company’s ...
The 110-page document contends that RealPage, which is based in Richardson, Texas, and is owned by private equity firm Thoma Bravo, violated Sections 1 and 2 of the Sherman Act and "has built a ...