Blumenthal Sponsors Legislation to Crack Down on Price Fixing Algorithms that Help Predatory Landlords Raise Rents
March 20, 2024
March 20, 2024
WASHINGTON, March 20 -- Sen. Richard Blumenthal, D-Connecticut, issued the following news release:
[HARTFORD, CT] - U.S. Senator Richard Blumenthal (D-CT) joined Senate colleagues in introducing two new bills that would ban predatory practices by landlords who use pricing algorithms to avoid competition and raise rents.
Senator Blumenthal is a cosponsor of both the Preventing Algorithmic Collusion Act, which would prevent companies from using algorithms to collude to se . . .
[HARTFORD, CT] - U.S. Senator Richard Blumenthal (D-CT) joined Senate colleagues in introducing two new bills that would ban predatory practices by landlords who use pricing algorithms to avoid competition and raise rents.
Senator Blumenthal is a cosponsor of both the Preventing Algorithmic Collusion Act, which would prevent companies from using algorithms to collude to se . . .