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Algorithmic Price Fixing Ordinance Heads to City Council
Corporate greed is increasingly driven by algorithmic price fixing models, which allow companies to inflate costs on essential goods and services with little oversight. In response, Portland City Council will soon consider an ordinance aimed at regulating algorithmic price fixing, ensuring that automated systems don’t artificially drive up prices for housing, groceries, and utilities.
This ordinance would make Portland one of many cities in the nation to take proactive steps against this form of economic exploitation.
This ordinance seeks to:
- Prohibits landlords and property managers from using algorithmic tools to price fix rent costs.
- Establishes penalties for violations, ensuring enforcement mechanisms to protect tenants.
- Requires transparency in rent-setting practices, prevents the manipulation of rental markets.
- Aligns with similar measures passed in cities like San Francisco and Philadelphia to curb predatory pricing tactics.
What’s Next? The Algorithmic Price Fixing Ordinance will be discussed in full council:
Date: April 2nd
Time: 11:15am-12:30pm
We encourage community members to submit testimony and make their voices heard! If you or your organization want to provide public comment, now is the time to get involved.
These efforts demonstrate the power of advocacy and the importance of holding corporations accountable. We will continue pushing for policies that center the needs of the people, not corporate profits.
Stay engaged, stay informed, and let’s keep fighting for a better Portland.
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