Price fixing by algorithm is still price fixing
www.ftc.gov
Landlords and property managers can’t collude on rental pricing. Using new technology to do it doesn’t change that antitrust fundamental. Regardless of the industry you’re in, if your business uses an algorithm to determine prices, a brief filed by the FTC and the Department of Justice offers a helpful guideline for antitrust compliance: your algorithm can’t do anything that would be illegal if done by a real person.
    • harderian729@lemmy.world
      24·
      11 months ago

      Yes i cut off the part where you said “where you can’t afford” because someone besides you and me (yes, you, you aren’t a capitalist, you are a wage slave just like me mayne) controls that, don’t they?

      Yes, supply and demand. You are part of that system, whether you want to admit it or not.

      You are part of those with more wealth thinking they deserve even more before others who have less. This is why you think you’re entitled to handouts so you can live in major cities before those who live in places “not good enough for you.”

      So you have an answer for this?

      No joke, you will never admit your contribution to the problem. You are simply incapable of it and I’ve come across many people like you before. You will completely ignore logic and reason to blame anyone but yourself for your problems that you refuse to fix.