this post was submitted on 23 Aug 2024
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[–] Got_Bent@lemmy.world 29 points 2 weeks ago (2 children)

It's fine. Scotus will just say that the DOJ doesn't have authority to file lawsuits without express congressional legislation on each individual matter.

[–] dhork@lemmy.world 14 points 2 weeks ago

The Founders didn't say anything in 1789 about algorithmic price fixing, therefore we can't restrict it now.

[–] hddsx@lemmy.ca 6 points 2 weeks ago

That’s stupid. There was no software at the time of founding and no precedence in England at the time. Therefore price fixing was never intended to be regulated.

[–] KoboldCoterie@pawb.social 19 points 2 weeks ago (1 children)

So naturally they're going to collect a shitload of money from them and the landlords using this scheme and use it to reimburse all of the people who were negatively affected by this illegal practice, right?

...right?

[–] Badeendje@lemmy.world 1 points 2 weeks ago

And force lowering rent.

[–] MegaUltraChicken@lemmy.world 11 points 2 weeks ago (1 children)

It is literally fucking price fixing software. That's what it does.

[–] meyotch@slrpnk.net 1 points 2 weeks ago

The purpose of a system is what it does, after all.

[–] Nurse_Robot@lemmy.world 9 points 2 weeks ago (3 children)

I have zero faith this will result in more affordable housing.

[–] psycho_driver@lemmy.world 2 points 2 weeks ago

Yeah it probably won't, but I'm all for inflicting any kind of pain possible upon the people responsible for this.

[–] morrowind@lemmy.ml 1 points 2 weeks ago

It is one of a dozen factors, so it will have an effect, but not a huge one

[–] orcrist@lemm.ee 0 points 2 weeks ago

You got to say the odds are low, but not zero.

[–] psycho_driver@lemmy.world 7 points 2 weeks ago* (last edited 2 weeks ago)

They best not let Yardi off the hook. Those pukes are doing the exact same thing. Get the big property owners who were in on it too.

[–] AliasAKA@lemmy.world 4 points 2 weeks ago

Even if they don’t force a huge fine (arguably they should literally dissolve the company, sell any assets, equally distributing the proceeds to all employees), at least we can have a tiny step forward. Progress can come in fits and starts, and it can also come one tiny little slice at a time.

[–] lemmie689@lemmy.sdf.org -3 points 2 weeks ago

USJD getting its slice of the grift.

[–] MediaBiasFactChecker@lemmy.world -4 points 2 weeks ago

CBS News - News Source Context (Click to view Full Report)Information for CBS News:

MBFC: Left-Center - Credibility: High - Factual Reporting: High - United States of America
Wikipedia about this source

Search topics on Ground.Newshttps://www.cbsnews.com/news/realpage-lawsuit-price-fixing/
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