Can an algorithm be illegal?

[] renters everywhere could soon be rejoicing [View in browser]( [View in browser]( [] JUNE 4, 2024 [] [] PROSPERITY PUB MARKET TALK Can An Algorithm Be Illegal? A lot of hoopla has been made of Facebook, TikTok, and other social media platforms — not only for their addictive nature but also for their power to create echo chambers, leading users into vastly different realities and leading to real societal harm. At the root of these issues are the algorithms these sites use to feed posts to users. Despite the controversies, little to no legal regulation has emerged in the social media world. But a significant development occurred recently when the FBI raided Cortland Management as part of a broader investigation into RealPage, a software company that allegedly manipulates rental prices across the U.S. RealPage’s algorithm provides rental price recommendations based on detailed data from landlords. This coordination among landlords has led to inflated rental prices, even in markets with high vacancy rates — essentially a sort of price-fixing scheme, enabled by an algorithm. The raid marks a significant step in the Department of Justice's criminal antitrust investigation, which could have far-reaching implications for renters nationwide. RealPage's influence extends to over 16 million rental units, driving rents up in cities like Atlanta, where rents have surged by 80% since 2016. The DOJ's investigation could result in stricter regulations and greater oversight of software firms like RealPage. Renters everywhere are likely breathing a sigh of relief, as skyrocketing rents account for a big part of the inflation families everywhere are seeing. The investigation could mean significant changes in rental pricing. If the allegations are proven, it could lead to relief from skyrocketing rents and more transparent pricing practices. This situation brings up an important question: Can an algorithm be illegal? While the concept is relatively untested, the outcomes of this case could set a precedent for future regulatory actions. Stay tuned to see how this legal battle plays out and what it means for the future of algorithm-driven markets. — The Prosperity Pub Team [] [] NVDA Stock Split (►don’t make this critical mistake◄) Nvidia’s upcoming stock split has investors everywhere wild-eyed with possibilities… But there’s one thing most people are completely missing! See, NVDA’s new lower share price is going to attract a whole flood of “dumb money”… [And Jack Carter has a plan to capitalize on the flood of “dumb money”!]( [] [] TBUZ’S MARKET BUZZ Nvidia’s Big Move In today's episode of TBUZ TV, Tom discusses NVDA’s recent strong performance and its upcoming stock split, emphasizing the potential for long-term growth, especially for retirement accounts. He also highlights key market movements and important pivot points to watch this week. Don't miss his detailed analysis and strategic insights! [Click here to watch now!]( — The Prosperity Pub Team [] [] [] [] JUNE 4, 2024 [] [] PROSPERITY PUB MARKET TALK Can An Algorithm Be Illegal? A lot of hoopla has been made of Facebook, TikTok, and other social media platforms — not only for their addictive nature but also for their power to create echo chambers, leading users into vastly different realities and leading to real societal harm. At the root of these issues are the algorithms these sites use to feed posts to users. Despite the controversies, little to no legal regulation has emerged in the social media world. But a significant development occurred recently when the FBI raided Cortland Management as part of a broader investigation into RealPage, a software company that allegedly manipulates rental prices across the U.S. RealPage’s algorithm provides rental price recommendations based on detailed data from landlords. This coordination among landlords has led to inflated rental prices, even in markets with high vacancy rates — essentially a sort of price-fixing scheme, enabled by an algorithm. The raid marks a significant step in the Department of Justice's criminal antitrust investigation, which could have far-reaching implications for renters nationwide. RealPage's influence extends to over 16 million rental units, driving rents up in cities like Atlanta, where rents have surged by 80% since 2016. The DOJ's investigation could result in stricter regulations and greater oversight of software firms like RealPage. Renters everywhere are likely breathing a sigh of relief, as skyrocketing rents account for a big part of the inflation families everywhere are seeing. The investigation could mean significant changes in rental pricing. If the allegations are proven, it could lead to relief from skyrocketing rents and more transparent pricing practices. This situation brings up an important question: Can an algorithm be illegal? While the concept is relatively untested, the outcomes of this case could set a precedent for future regulatory actions. Stay tuned to see how this legal battle plays out and what it means for the future of algorithm-driven markets. — The Prosperity Pub Team [] [] NVDA Stock Split (►don’t make this critical mistake◄) Nvidia’s upcoming stock split has investors everywhere wild-eyed with possibilities… But there’s one thing most people are completely missing! See, NVDA’s new lower share price is going to attract a whole flood of “dumb money”… [And Jack Carter has a plan to capitalize on the flood of “dumb money”!]( [] [] TBUZ’S MARKET BUZZ Nvidia’s Big Move In today's episode of TBUZ TV, Tom discusses NVDA’s recent strong performance and its upcoming stock split, emphasizing the potential for long-term growth, especially for retirement accounts. He also highlights key market movements and important pivot points to watch this week. Don't miss his detailed analysis and strategic insights! [Click here to watch now!]( — The Prosperity Pub Team [] [] [] [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](