Topic: antitrust laws
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New York Outlaws AI Rent Price-Fixing
New York has become the first state to ban landlords from using algorithmic software to set rental prices, addressing concerns of digital collusion in the housing market. The law legally defines landlords using these algorithms as colluding, treating them as non-competitors regardless of intent, ...
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FTC Sues Zillow Over $100 Million Redfin Deal
The FTC is suing Zillow and Redfin, alleging their partnership illegally reduced competition in the online rental market by eliminating Redfin as a rival, which could raise costs and limit choices. The agreement involved Zillow paying Redfin $100 million to syndicate rental ads, consolidating lis...
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