City of Providence Files Enforcement Action for Unlawful Use of
Enforcement Action Alleges Illegal Price Coordination Via Algorithmic Rent Setting Known for Artificially Inflating Rent Prices PROVIDENCE, RI — Mayor Brett P. Smiley today announced that the City of Providence has filed an enforcement action against Audubon Capital Partners, LLC alleging unlawful engagement in rent price coordination via algorithmic device setting. Algorithmic pricing software is used to analyze public and private market trends and occupancy rates in a given area and was banned in […]Read More