Preventing the Algorithmic Facilitation of Rental Housing Cartels Act

Two nationwide companies offer software that allows landlords to compare and set rental prices using algorithms. Two of Vermont’s members of Congress say that’s price fixing. U.S. Rep. Becca Balint, D-Vt., and U.S. Sen. Peter Welch, D-Vt., want to outlaw the use of rental property…

WASHINGTON, D.C. – U.S. Senators Peter Welch (D-Vt.) and Ron Wyden (D-Ore.) today introduced the Preventing the Algorithmic Facilitation of Rental Housing Cartels Act, legislation to crack down on companies that help landlords increase rents in already high-priced markets. These services allow landlords to collude…