Price fixing, in which companies collude with competitors to adjust product prices in the market, is considered an illegal act that impedes free competition. Journalist Cory Doctorow explains how ...
Of all the reasons it could be hard to pay rent each month, did you have an algorithm-powered illegal cartel on your list? Millions of people across the United States are paying far more rent than ...
Greystar, the largest U.S. apartment owner, and Blackstone’s LivCor are among the firms added to the suit.
The U.S. Department of Justice last week announced it amended a lawsuit against a property management software company accused of illegal rent price-fixing to include several of the country’s ...
HOUSTON, Texas (KTRK) -- Rents are rising, and in some cases, the Justice Department says it may be illegal ... with another company, citing price-fixing concerns. When a Greystar property ...
Landlords’ use of automated rent-setting software is “plainly illegal,” Sen. Jess Salomon in Washington state says.
This information sharing, the defendants claimed, decreased the financial aid awarded to around 200,000 students over a 20-year period and overcharged them by $685 million through illegal price-fixing ...
"We will see a rise in not only in [rental price-fixing], but also the abusive and illegal, but unpunished, practices that landlords use to get tenants out of their rent-stabilized homes so they ...
In a recent antitrust arbitration ruling, Prime Therapeutics, a pharmacy benefit manager (PBM) owned by 19 Blue Cross and ...