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New York bans AI-enabled rent price fixing from The Verge - All Posts RSS feed.
New York bans AI-enabled rent price fixing
On Thursday, New York Gov. Kathy Hochul signed into law legislation banning the use of price-fixing software by landlords to set rental rates. New York is the first state to outlaw algorithmic pricing by landlords, following a number of city-wide bans in Jersey City, Philadelphia, San Francisco, and Seattle. Software companies such as RealPage offer […]