"Fair Business Practices Act of 1975"; any person from facilitating noncompete agreements between residential rental property owners or managers, including by use of algorithmic coordinating functions; prohibit

Summary

The bill makes it illegal for any person or company to help rental property owners or managers agree not to compete, including through software that coordinates rent prices. It also forbids owners or managers from setting or changing rents, lease terms, or occupancy levels based on recommendations from such algorithms. The law aims to keep the rental market competitive and prevent automated price‑fixing.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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