DOJ files proposed settlement with Willow Bridge over algorithmic pricing
Landlords using shared data and pricing algorithms face DOJ antitrust exposure; Willow Bridge would be bound to consent-decree limits once the court enters judgment
- — Willow Bridge legal and compliance teams must be ready to implement the consent-decree obligations on entry of final judgment — the specific limits on data-sharing and algorithmic pricing are set out in the Proposed Final Judgment, and failure to comply once entered exposes the company to court enforcement.
- — Pricing and compliance teams at landlords and property managers using RealPage-style pricing software must review whether they share competitively sensitive data or rely on algorithms that align pricing across competitors — the DOJ's repeated settlements in this action establish that such conduct draws antitrust enforcement, independent of any single company's decree.
- — Willow Bridge legal and compliance teams
- — Pricing and compliance teams at landlords and property managers using algorithmic pricing software
- — 60 days after Federal Register publication — close of the Tunney Act public comment period, after which the U.S. District Court for the Middle District of North Carolina may enter the final consent decree binding Willow Bridge.