Competition Bureau says it’s probing whether landlords are using AI to set rents

The Competition Bureau is investigating the use of AI-driven algorithmic pricing in Canadian real estate rental markets, which involves companies tracking competitors’ rent prices. An antitrust lawsuit in the U.S. alleges companies are colluding to inflate rents using software like RealPage’s YieldStar platform. Politicians like NDP MP Zarrillo and Liberal leadership candidate Freeland are calling for action to address the issue of rent price fixing facilitated by AI technology.

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