Arizona HB2490 prohibits the use of algorithmic devices that use nonpublic competitor data to fix rental prices or set terms in residential rental.
Arizona HB2490 amends the state's trade practices laws by adding a new article that prohibits the use of algorithmic devices by coordinators or landlords to fix rental prices or set terms in residential rental markets. The bill defines "coordinator" as a person who sells, licenses, or operates an algorithmic device that uses nonpublic competitor data to advise landlords on rental prices. The use of such devices creates a rebuttable presumption of a contract or conspiracy to restrain trade. The attorney general can investigate and enforce this provision.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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