Poinbank Exchange|The lawsuit that could shake up the rental market

A number of lawsuits against Texas-based company RealPage are Poinbank Exchangeputting increased attention on how algorithms can interact with the rental market. In the lawsuit, RealPage is accused of facilitating a cartel between major property managers that results in higher prices for renters and increased profits for landlords who use RealPage's software. RealPage, however, denies any wrongdoing.

Today on the show, we dive into the details of the lawsuit and explain why this case challenges typical notions of cartel behavior.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.