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Re:Big landlords used software to collude on rent prices, DC... by naijaboiler on Thursday November 02, 2023 @11:09PM (#38123978)
Yeah I you have just explained why it is collusion. In a free market, a landlord raising price too high will be afraid of losing market and having too much vacancies. But not here, he is relatively assured he won’t be losing much since other landlords won’t undercut him, since they have implicitly agreed via the software to follow the same pricing. That’s collusion. Period

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