DOJ and states sue six landlords for using a shared algorithm to inflate rental prices.

The Department of Justice and ten state attorneys general are suing six major landlords for allegedly using a shared algorithm to coordinate and keep rental prices artificially high, harming millions of renters. The lawsuit accuses the landlords of violating antitrust laws by sharing sensitive pricing information. The aim is to dismantle the pricing scheme and protect renters.

2 months ago
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