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San Francisco to ban software that "enables price collusion" by landlords
Software helps landlords "indirectly coordinate" by sharing nonpublic information.
Board of Supervisors President Aaron Peskin recently proposed what his office called "the first local ordinance in the country banning the sale or use of software which enables price collusion among large corporate landlords for the purpose of rent-gouging." "In a recent filing, the Department of Justice (DOJ) made clear its position that inflated rents caused by algorithmic use of sensitive nonpublic pricing and supply information violate antitrust laws," the White House statement said. "While we share the San Francisco Board of Supervisors' goal of helping renters, this ordinance will do nothing to make housing more affordable in the city, where there is a severe supply shortage of rental units that needs to be addressed," a RealPage spokesperson told KRON4 after the vote.
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