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American Economic Liberties Project announces campaign to pursue state, local bans on algorithmic rent-setting

( October 24, 2024, 17:44 GMT | Official Statement) -- MLex Summary: The American Economic Liberties Project announced a campaign to promote state and municipal legislation to ban algorithmic price-setting platforms that enable rental price-fixing cartels to push up housing prices across the country. “More than a dozen states and cities have taken or supported action to crack down on algorithmic price-setting platforms like RealPage, which sit at the heart of a housing cartel pushing rent prices higher across the country. This is no longer a set of one-off actions, it’s a movement,” AELP Director of State and Policy Pat Garofalo said in a press release.Statement and documents follow....

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