Real estate software firm RealPage Inc. failed to win an immediate stop Wednesday to a Berkeley, Calif., city ordinance scheduled to take effect next week that bans landlords from using coordinated pricing algorithms to set rental rates.
Instead, Judge Jacqueline Scott Corley said at a hearing she needs more information about the nature of RealPage’s rental software product and declined to explicitly block enforcement of the ordinance starting April 24.
RealPage, which is facing intense regulatory scrutiny over claims that its AI algorithms facilitate price fixing among landlords nationwide, filed the novel lawsuit alleging Berkeley’s ban violates the First Amendment ...
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