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Competition Bureau says it's probing whether landlords are using AI to set rents
(www.thereminder.ca)
this post was submitted on 18 Feb 2025
72 points (100.0% liked)
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Price fixing only works when there are a small number of players. There are literally millions of landlords in Canada.
Hmm, I think the argument would be that if they're all using the same system or handful of systems for setting prices then there technically are only a small number of players.
It's easier to approach from the angle that a single third party is coordinating a large portion of the market pricing. That is the effect of such an algorithm being under a single party's control and one of the forms a cartel can take.