Antitrust Lawsuit Filed Against Major Landlords Over Alleged Price Collusion Using AI Algorithm
September 1, 2016
The Department of Justice filed an antitrust lawsuit on January 7, 2025 against six major landlords for using the YieldStar pricing algorithm in a suspected price-fixing scheme. The algorithm reportedly facilitated coordination among landlords to artificially increase rents and reduce competition, affecting renters nationwide. This AI incident maps to the Govern function in HISPI Project Cerebellum Trusted AI Model (TAIM). Ready to help shape responsible AI? JOIN US
- Alleged deployer
- realpage
- Alleged developer
- thoma-bravo, realpage, jeffrey-roper
- Alleged harmed parties
- renters
Source
Data from the AI Incident Database (AIID). Cite this incident: https://incidentdatabase.ai/cite/376
Data source
Incident data is from the AI Incident Database (AIID).
When citing the database as a whole, please use:
McGregor, S. (2021) Preventing Repeated Real World AI Failures by Cataloging Incidents: The AI Incident Database. In Proceedings of the Thirty-Third Annual Conference on Innovative Applications of Artificial Intelligence (IAAI-21). Virtual Conference.
Pre-print on arXiv · Database snapshots & citation guide
We use weekly snapshots of the AIID for stable reference. For the official suggested citation of a specific incident, use the “Cite this incident” link on each incident page.