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You seem to hit the crux. There is a blurry line here and I had a hard time seeing where it really divides legal and illegal until your comment. Showing that t
by koliber 3y ago
You seem to hit the crux. There is a blurry line here and I had a hard time seeing where it really divides legal and illegal until your comment.
Showing that the average rent is this, the min and max are that, and the percentiles look like this is probably legal. Showing historical trends is also legal. Recommending a certain rent based on a single shared algorithm used by all the players begins to cross that line.
- avarun 3y agoEspecially when it uses material non-public information in order to do so.
- trogdor 3y agoUsing material non-public information to set prices is not illegal. Colluding with other sellers to fix prices is illegal. That is the issue here.
- casualscience 3y agoYes exactly. I think it's an interesting case. Where/how do you legislate this? Is it based on intent (you literally are training your model to be cooperative), or is it based on effect (your company is having this effect regardless of their intent -- e.g. Zillow might also be offending). Both of these will be hard to show in practice.