Enlarge / View of San Francisco with Russian Hill in the background. (credit: Getty Images | Terraxplorer) San Francisco's Board of Supervisors this week approved a ban on software that is allegedly used by landlords to collude on rent prices. Board of Supervisors President Aaron Peskin recently proposed what his office called "the first local ordinance in the country banning the sale or use of software which enables price collusion among large corporate landlords for the purpose of rent-gouging." The ordinance was approved on a first reading by a 10-0 vote by the board on Tuesday.

BING NEWS:
  • San Francisco 1st in U.S. to ban AI rent price-fixing software
    San Francisco is putting a stop to automated price-setting for rent, arguing that software has scammed renters out of good prices for housing units.
    09/4/2024 - 7:33 am | View Link
  • New San Francisco ordinance bans algorithmic rent pricing tools
    The San Francisco Board of Supervisors passed an ordinance Tuesday that will prohibit the sale or use of “algorithmic devices” used by landlords to set rents or occupancy levels for residential rental ...
    09/4/2024 - 7:12 am | View Link
  • Price Collusion in the Crosshairs
    There has been a spate of legislation and lawsuits targeting the use of software that gives visibility to competitors’ prices. This allows firms ...
    09/3/2024 - 1:00 pm | View Link
  • San Francisco set to ban rent-hiking algorithms used by landlords
    The San Francisco Board of Supervisors this week approved a ban on algorithmic price ... arguing such software "enables price collusion among large corporate landlords for the purpose of rent ...
    08/3/2024 - 6:35 am | View Link
  • San Francisco Takes Bold Step to Combat Rent Gouging with Software Ban
    This would make San Francisco the first city in the country to ban the sale or use of software that enables price collusion among large corporate landlords for the purpose of rent-gouging.
    08/2/2024 - 7:44 am | View Link
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