Algorithms that set prices for vending machines, apartment rents, and hotel rooms are drawing federal antitrust scrutiny as regulators argue these systems can function like old-fashioned cartels, even ...
RealPage Inc. agrees to a major settlement with the U.S. Department of Justice to resolve allegations that its rent-pricing software facilitated illegal “algorithmic collusion” among landlords.
Last year was a landmark in the development of antitrust law. Enforcers, legislators, and private parties grappled with the fundamental shift represented by artificial intelligence (AI) technologies, ...