Landlords and property managers can’t collude on rental pricing. Using new technology to do it doesn’t change that antitrust fundamental. Regardless of the industry you’re in, if your business uses an algorithm to determine prices, a brief filed by the FTC and the Department of Justice offers a helpful guideline for antitrust compliance: your algorithm can’t do anything that would be illegal if done by a real person.
Interesting. To my non-lawyer mind, use of these types of algorithms is collusion by definition.
The FTC agrees.
Yes, the person you are replying to may not have the most accurate take on the situation.
On the internet? It can’t be!