Court Ruling Adds Constitutional Wrinkle to Algorithmic Pricing Debate
By PYMNTS
AI summary of the source article
In a Sept. 29 ruling in RealPage Inc. v. James, a federal court preliminarily barred New York's attorney general from enforcing part of the state's algorithmic rent-setting law against landlords.
Why it matters
The ruling has "introduced a constitutional complication into efforts to police automated pricing."
Key facts
- U.S. District Judge Valerie Caproni issued a Sept. 29 decision in RealPage Inc. v. James.
- The ruling preliminarily barred New York Attorney General Letitia James from enforcing a provision of New York's algorithmic rent-setting law.
- The blocked provision prohibits landlords from using automated pricing tools.
Source excerpt · PYMNTS
A federal court ruling blocking part of New York’s algorithmic rent-setting law has introduced a constitutional complication into efforts to police automated pricing. In a Sept. 29 decision in RealPage Inc. v. James, U.S. District Judge Valerie Caproni preliminarily barred New York Attorney General Letitia James from enforcing a provision that prohibits landlords from using […] The post Court Ruli…