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 ...
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 ...
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 ...
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 ...
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 ...
The White House has accused RealPage, the rental price-setting algorithmic software widely used by landlords and managers, of adding an extra $3.8 billion to tenants’ rents last year. The White House ...
The Department of Justice (DOJ) sued the property management software company RealPage on Friday, alleging its pricing algorithm enables landlords to share sensitive pricing information and raise ...
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 ...
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