Software company RealPage must face tenants’ price-fixing lawsuit over multifamily housing — ‘Landlords knowledge that sensitive information would be used to price each other’s units is circumstant…::undefined
"We’re not colluding with our competitors to fix prices on rental units, we all use a third party service to collude for us" is such a bullshit legal excuse that I’m shocked they even floated it.
And in the meantime the market has been wrecked with this being an additional factor. The effect of the pricing adjustments done using this method will never go away.
That’s the history of anti-trust law. A lot of cases business just admit it because they are that ignorant/blatant.
Unfortunately as well historically a lot of conservative judges do radical legislation from the bench because they don’t like anti-trust law and think they should regulate the economy. So much so that they have fucking bent civil procedure over backwards to do so and write some of the stupidest lines in the history of jurisprudence.
How is this different than gas stations looking at a price tracking app to set their prices? You know, the apps that show you what gas costs all over town. It’s just information, and they obviously make the choice to raise prices when theirs are low compared to peer competitors.
That doesn’t mean a gas station doesn’t charge less when it’s in an undesirable location, or charge more when it’s in a busy location. Same is true for housing.
I know everyone is pissed about the high cost of housing, but this case doesn’t really have merit. It’s not the horse to cheer for.
