Department of Justice Opens Criminal Investigation Into “Housing Cartel”
Upzoned
Investigation into Algorithmic Price Fixing in Rental Housing Market
The chapter explores the US Justice Department's criminal investigation into a major software company, RealPage, for possible algorithmic price fixing in the rental housing industry. It delves into the implications of anti-competitive practices and collusion in raising rents, sparking a debate on the impact of technology on market dynamics and the ongoing housing crisis.
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