Algorithmic pricing scrutiny now spans real estate, hotels, and healthcare, raising a fundamental question: How do courts distinguish lawful pricing software from unlawful coordination? Companies have ...
California is poised to be the first state to directly prohibit algorithmic pricing through antitrust law, a move legal experts say could trigger similar legislation across the country. A bill signed ...
Landlords could no longer rely on rent-pricing software to quietly track each other’s moves and push rents higher using confidential data, under a settlement between RealPage Inc. and federal ...
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.
California companies that use algorithms to fix the prices of their products and services could now face stiff antitrust penalties if they continue to do so. … Governor Gavin Newsom signed California ...
Forbes contributors publish independent expert analyses and insights. Anjana Susarla is a professor of Responsible AI at the Eli Broad College of Business at Michigan State University. This voice ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
New York Attorney General Letitia James is warning businesses across the state that they must disclose when algorithms are setting prices based on consumers’ personal data—or face penalties under a ...
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, ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. AI offers immense retail value, but its "surveillance ...
Spokane is joining other major cities in banning software used to coordinate rent increases. Spokane has joined the growing list of cities across the country to ban the use of algorithmic software ...
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