,,ii #aahth ,,congress #b;d ,session ,s4 #cfib ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,january #cj1 #bjbd,mr4 ,wyden 7for himself1 ,mr4 ,welch1 ,ms4 ,klobuchar1 ,mr4 ,sanders1 ,mr4 ,blumenthal1 ,ms4 ,hirono1 ,ms4 ,butler1 and ,mr4 ,merkley7 introduced the following bill2 which was read twice and referred to the ,committee on the ,judiciary ,a ,,bill ,to prohibit the use of algorithmic systems to artificially inflate the price or reduce the supply of leased or rented residential dwelling units in the ,united ,states4 #a4 ,short title ,this ,act may be cited as the ,preventing the ,algorithmic ,facilitation of ,rental ,housing ,cartels ,act of #bjbd4 #b4 ,definitions ,in this ,act3 7#a7 ,chair ,the term ,chair means the ,chair of the ,commission4 7#b7 ,commission ,the term ,commission means the ,federal ,trade ,commission4 7#c7 ,consciously parallel pricing coordination ,the term consciously parallel pricing coordination means a tacit agreement between #b or more rental property owners to raise1 lower1 change1 maintain1 or manipulate pricing for the purchase or sale of reasonably interchangeable products or services4 7#d7 ,coordinating function ,the term coordinating function means-- 7,a7 collecting historical or contemporaneous prices1 supply levels1 or lease or rental contract termination and renewal dates of residential dwelling units from #b or more rental property owners2 7,b7 analyzing or processing of the information described in subparagraph 7,a7 using a system1 software1 or process that uses computation1 including by using that information to train an algorithm2 and 7,c7 recommending rental prices1 lease renewal terms1 or ideal occupancy levels to a rental property owner4 7#e7 ,coordinator ,the term coordinator means any person that operates a software or data analytics service that performs a coordinating function for any rental property owner1 including a rental property owner performing a coordinating function for their own benefit4 7#f7 ,person ,the term person has the meaning given the term in subsection 7a7 of the first section of the ,clayton ,act 7#ae ,u4,s4,c4 #ab74 7#g7 ,pre-dispute arbitration agreement ,the term pre-dispute arbitration agreement means an agreement between #b or more parties to arbitrate a dispute between the parties that is made before any dispute has arisen4 7#h7 ,pre-dispute joint action waiver ,the term pre-dispute joint action waiver means an agreement between #b or more parties1 which may be part of a pre-dispute arbitration agreement1 that-- 7,a7 would prohibit or waive the right of a party to participate in a joint1 class1 or collective action in a judicial1 arbitral1 administrative1 or other forum relating to a dispute between parties2 and 7,b7 is made before any dispute has arisen4 7#i7 ,residential dwelling unit ,the term residential dwelling unit-- 7,a7 means any house1 apartment1 accessory unit1 or other unit intended to be used as a primary residence2 and 7,b7 does not include inpatient medical care1 licensed long-term care1 and detention or correctional facilities4 7#aj7 ,rental property owner ,the term rental property owner means any individual1 corporation1 partnership1 association1 joint-stock companies1 trusts1 or unincorporated organizations that owns real property and leases or rents such property or any portion thereof in the form of #d or more residential dwelling units4 7#aa7 ,state ,the term ,state means any ,state of the ,united ,states1 the ,district of ,columbia1 the ,commonwealth of ,puerto ,rico1 and any territory or possession of the ,united ,states4 #c4 ,unlawful conduct 7a7 ,in general 7#a7 ,contract or conspiracy in restraint of trade ,it is unlawful for a rental property owner1 in or affecting commerce1 or any agent or subcontractor thereof1 to subscribe to1 contract with1 or otherwise exchange anything of value in return for the services of a coordinator1 and such action shall be deemed to be a per se violation of the ,sherman ,act 7#ae ,u4,s4,c4 #a et seq474 7#b7 ,facilitation ,it is unlawful for a coordinator1 in or affecting commerce1 to facilitate an agreement among rental property owners to not compete with respect to residential dwelling units1 including by performing a coordinating function4 7#c7 ,anti-competitive merger ,it is unlawful for any coordinator1 in or affecting commerce1 to acquire1 directly or indirectly1 the whole or any part of the stock or other share capital of another coordinator if the acquisition would create an appreciable risk of materially lessening competition in violation of section #g of the ,clayton ,act 7#ae ,u4,s4,c4 #ah71 or tend to create a monopoly or monopsony1 and any such acquisition shall be deemed a violation of such section4 #d4 ,enforcement 7a7 ,enforcement 7#a7 ,in general 7,a7 ,federal ,trade ,commission ,the ,commission shall enforce this ,act in the same manner1 by the same means1 and with the same jurisdiction1 powers1 and duties as though all applicable terms of the ,federal ,trade ,commission ,act 7#ae ,u4,s4,c4 #da et seq47 were incorporated into and made a part of this ,act4 7,b7 ,attorney ,general ,the ,attorney ,general shall enforce this ,act in the same manner1 by the same means1 and with the same jurisdiction1 powers and duties as though all applicable terms of the ,sherman ,act 7#ae ,u4,s4,c4 #a et seq471 ,clayton ,act 7#ae ,u4,s4,c4 #ab et seq471 and ,antitrust ,civil ,process ,act 7#ae ,u4,s4,c4 #acaa et seq47 were incorporated into and made a part of this ,act4 7,c7 ,state attorneys general ,any attorney general of a ,state shall enforce this ,act in the same manner1 by the same means1 and with the same jurisdiction1 powers and duties as though all applicable terms of the ,sherman ,act 7#ae ,u4,s4,c4 #a et seq47 and the ,clayton ,act 7#ae ,u4,s4,c4 #ab et seq47 were incorporated into and made a part of this ,act4 7#b7 ,unfair methods of competition ,a violation of this ,act shall also constitute an unfair method of competition under section #e of the ,federal ,trade ,commission ,act 7#ae ,u4,s4,c4 #de74 7#c7 ,independent litigation authority ,if the ,commission has reason to believe that a person violated this ,act1 the ,commission may commence a civil action1 in its own name by any of its attorneys designated by it for such purpose1 to recover a civil penalty and seek other appropriate relief in any district court of the ,united ,states4 7#d7 ,standards of pleading ,in a civil action under this subsection1 a complaint-- 7,a7 plausibly pleads a violation of section #a or #c7;a7 of the ,sherman ,act 7#ae ,u4,s4,c4 #a1 #c7;a77 if the complaint contains factual allegations1 including allegations of consciously parallel pricing coordination1 demonstrating that the existence of a contract1 combination in the form of trust or otherwise1 or conspiracy in restraint of trade or commerce is among the realm of plausible possibilities2 and 7,b7 need not allege facts tending to exclude the possibility of independent action4 7b7 ,civil actions by injured persons 7#a7 ,civil action authorized ,any person who is aggrieved by a violation of this ,act may bring a civil action in an appropriate district court of the ,united ,states1 without respect to the amount in controversy1 to recover an amount described in paragraph 7#b74 7#b7 ,award amount 7,a7 ,in general ,the court shall award to the plaintiff threefold the damages sustained by the plaintiff and the reasonable cost of litigation1 including a reasonable attorney fee4 7,b7 ,interest on damages ,pursuant to a motion by the plaintiff promptly made1 the court may award simple interest on actual damages sustained by the plaintiff for the period beginning on the date of service of the pleading of the plaintiff setting forth a claim under this ,act and ending on the date of judgment1 or for any shorter period therein4 7#c7 ,invalidity of pre-dispute arbitration agreements and pre-dispute joint action waivers ,at the election of the plaintiff in an action authorized under paragraph 7#a71 a pre-dispute arbitration agreement or pre-dispute joint action waiver relating to a violation of this ,act shall be invalid or unenforceable4 #e4 ,relationship to ,state and local laws ,nothing in this ,act may be construed to preempt any ,state1 ,tribal1 city1 or local law1 regulation1 or ordinance that explicitly supplements this ,act4 #f4 ,severability ,if any provision of this ,act1 or the application of such a provision to any person or circumstance1 is held to be unconstitutional1 the remaining provisions of this ,act1 and the application of such provisions to any person or circumstance shall not be affected thereby4