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House approves bill targeting algorithmic rent‑setting after extended floor debate
Summary
The Colorado House on March 25 passed House Bill 1004, a measure aimed at curbing software-driven price coordination among landlords. Sponsors said the bill will give state authorities tools to stop algorithmic schemes faster than protracted antitrust litigation; opponents said it risks litigation and may harm small landlords.
DENVER — The Colorado House on March 25 approved House Bill 1004, sponsored by Representative Peter Woodrow and Representative Mariah Mabry, a bill that bars certain software and services that the sponsors say are used to coordinate residential rental pricing among competing landlords.
Supporters said the bill targets technology that can replace traditional collusion and quickly raise rents statewide. Representative Mabry and Representative Woodrow described committee and federal findings that algorithmic price‑setting contributed to higher rents, and they said the bill narrows liability for ordinary landlords while enabling state enforcement against software companies and clear instances of collusion.
The core provisions adopted clarify that a software provider may not sell or market a product with the intended effect…
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