The Apartment Rental Market Is Rigged by Algorithms, a DOJ Lawsuit Alleges
The Apartment Rental Market Is Rigged by Algorithms, a DOJ Lawsuit Alleges
www.wired.com The Apartment Rental Market Is Rigged by Algorithms, a DOJ Lawsuit Alleges
The US Department of Justice claims that a company called RealPage is responsible for price-fixing across millions of apartment rental units nationwide.
“By feeding sensitive data into a sophisticated algorithm powered by artificial intelligence, RealPage has found a modern way to violate a century-old law through systematic coordination of rental housing prices,” deputy attorney general Lisa Monaco said in a statement.