Selling people the order book for Item Z is a business that exists for every value of Z, but if you do it for apartments suddenly everyone freaks out.
By the way, the market-clearing price of eggs is a government service that comes out every day.
Selling people the order book for Item Z is a business that exists for every value of Z, but if you do it for apartments suddenly everyone freaks out.
By the way, the market-clearing price of eggs is a government service that comes out every day.
> RealPage enforced adherence to its pricing recommendations through assigning pricing advisors to its clients, providing “lease compliance reports” listing the names of individual employees who overrode price recommendations, requiring employees to provide business justifications for price overrides, and offering some clients quarterly “performance to market” meetings “designed to identify how compliant the client was with RealPage’s pricing recommendations during the prior quarter.” https://www.tnmd.uscourts.gov/sites/tnmd/files/690.pdf
> The investigation found that RealPage’s pricing software provides landlords with a shared logic that tends to raise rents. Two types of RealPage’s pricing software collect nonpublic, competitively sensitive data from landlords to feed the algorithms. Landlords who use RealPage software agree to provide their data, knowing that the software combines their data with data from other landlords. The algorithm then recommends rents — in many cases increasing them. In feedback to RealPage about its software, one potential client said: “I always liked this product because your algorithm uses proprietary data from other subscribers to suggest rents and term. That’s classic price fixing.” https://www.atg.wa.gov/news/news-releases/washington-ag-says...
Just "distributing marketplace data".
The allegation that they somehow enforce that price is just an allegation. You can write down anything you want in a civil complaint in this country.
Anyway, I feel like this thread reinforces my point. We are arguing about the merits of the case. We are not arguing about whether their obviously illegal behavior is okay because it's software.