DiscoverThe Real Estate Espresso PodcastDoes AI Software Violate Competition Laws?
Does AI Software Violate Competition Laws?

Does AI Software Violate Competition Laws?

Update: 2024-11-08
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Th City of Philadelphia just passed a new ordinance with a vote of 17-0 banning the use of algorithmic pricing for properties in the city. San Francisco was the first city to enact such a ban. Philadelphia is the second and it is expected that others across the nation will follow suit. 


The city bill references an anti-trust motion brought by the department of justice.


The Justice Department alleges that RealPage's pricing software has features that are anticompetitive and therefore violate the Sherman Antitrust Act, a law passed more than a century ago.


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Does AI Software Violate Competition Laws?

Does AI Software Violate Competition Laws?

Victor Menasce