The DOJ is reportedly investigating rent-setting software company RealPage

, which revealed that RealPage’s YieldStar software uses an algorithm to “help landlords push the highest possible rents on tenants.” As noted by, YieldStar’s algorithm uses the non-public rental rates gathered from the landlords and property managers that are its clients. YieldStar then repackages that information in an anonymized form to make rental rate recommendations to its users, indirectly giving landlords access to their competitors’ pricing.

The “rate setting software essentially amounts to a cartel to artificially inflate rental rates in multifamily residential buildings”’s report states that the algorithm’s design has “raised questions among real estate and legal experts about whether RealPage has birthed a new kind of cartel that allows the nation’s largest landlords to indirectly coordinate pricing, potentially in violation of federal law.

Liberals are always trying to destroy good things.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum Software Company Consensys Collects User Data, Privacy Policy Discloses – Privacy Bitcoin News“The updates to the policy do not result in more intrusive data collection or data processing,” Consensys explained on Thursday. Ethereum DataCollection WORLD INVESTMENT AIM; helping individuals earn from home with no risk involved 📉 entrepreneur/account manager 📍 Atlanta Georgia.100% dm to get started Gonna transfer all my coins from exchanges to my Ownr wallet Get in touch with tradehouseguru if you are a bitcion lover. It was a very awesome transformation, I've always seen recommendations in respect to his name. Following him I have added massively to my holdings.
Source: BTCTN - 🏆 531. / 51 Read more »