How Antitrust Law Is Confronting the Housing Crisis

On The Merits

Bloomberg Industry Group द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Bloomberg Industry Group या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।

10d ago 14:26

MP3•एपिसोड होम

A group of antitrust lawsuits blames the nationwide affordable housing crisis in part on a conspiracy among some of the country's top landlords to drive up rent using artificial intelligence tools.

The scheme allegedly works through property management software that crunches data provided by its customers—the landlords—to maximize rent. Another group of lawsuits also targeted the top hotel-casinos in Las Vegas and Atlantic City, saying they operated a parallel cartel using similar software.

Two federal judges recently threw out the casino cases, rejecting the idea that relying on the same software is the type of collusion covered by antitrust law. The rulings cast doubt on the broader legal effort to rein in AI pricing algorithms.

On this episode of our podcast, On The Merits, reporters Katie Arcieri and Justin Wise discuss the antitrust cases confronting the residential housing sector and a related push by the Justice Department and Federal Trade Commission.

Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

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