Housing: landlord and tenants; use of certain software to share pricing information and set rent rates; prohibit. Amends title & sec. 1 of 1972 PA 348 (MCL 554.601) & adds sec. 1e.

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Plain-English Summary

This bill amends an act regulating landlord-tenant relationships by prohibiting landlords from using algorithmic pricing devices that incorporate nonpublic competitor data to set rent prices. It defines "algorithmic pricing device" and "nonpublic competitor data" and states that violating this prohibition is a violation of the Michigan antitrust reform act. This aims to prevent landlords from coordinating prices or restraining the rental housing market using these tools.

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