U.S. Plans to Accuse Software Maker of Enabling Collusion on Rents
www.nytimes.com
The Justice Department is set to file an antitrust suit against the real estate company RealPage alleging illegal price-fixing facilitated by algorithms.

RealPage, maker of YieldStar, is almost singlehandedly the ones causing rent to skyrocket across much of the United States.

One of the algorithm’s developers told ProPublica that leasing agents had “too much empathy” compared to computer generated pricing.

You can learn more about them here and why this antitrust case is so important:

https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent

  • John Richard@lemmy.world
    141·
    4 months ago

    Accuse? They need to fucking sue them into oblivion and arrest some of these corrupt immoral assholes. They better have an antitrust & RICO lawsuit ready to go.