Sponsors (12)
The bill strengthens antitrust enforcement and limits data-driven rental price coordination to protect renters and improve plaintiffs' access to court, but it does so by imposing new legal risks, compliance costs, and uncertainty on property owners, coordinators, nonprofits, and courts which may raise operating costs and reduce useful rental-market services.
Renters: fewer coordinated pricing practices and reduced use of shared rental data to train pricing algorithms, lowering the risk of algorithmic price coordination and potentially restraining rent increases.
Consumers and small businesses harmed by anticompetitive conduct: stronger private remedies (including treble damages) and clearer statutory authority make it more likely harmed parties obtain compensation and deterrence.
Plaintiffs (consumers and small businesses): improved access to courts because forced arbitration/class-waiver barriers are limited and weaker complaints are less likely to be dismissed at the pleading stage.
Small landlords, brokers, coordinators and software vendors: substantially higher litigation exposure (per se liability, treble damages, lower dismissal threshold) leading to higher legal costs, insurance premiums, and financial risk.
Property owners, managers and renters may lose access to analytics and coordinating services that set prices or match renters to units, increasing operating costs for owners and making searching/leasing slower or harder for tenants.
Nonprofit housing providers and small organizations: new inclusion in covered definitions and expanded FTC jurisdiction can create new compliance burdens and operational costs that strain organizations with public-interest missions.
Based on analysis of 7 sections of legislative text.
Bans third-party coordination of rental price or lease recommendations across multiple owners, treats it as per se antitrust conduct, and creates FTC, state, and private enforcement with treble damages.
Prohibits landlords and any third party from collecting, analyzing, or recommending rental prices, lease renewal terms, or occupancy levels for two or more rental properties when that activity affects interstate commerce. It treats such coordination as a per se antitrust violation and an unfair method of competition, authorizes enforcement by the Federal Trade Commission, the Department of Justice through existing antitrust laws, and State attorneys general, and creates a private right of action with treble damages and attorney fees. The bill also prevents pre-dispute arbitration clauses from blocking lawsuits for these violations and lowers the pleading standard for certain antitrust claims so complaints survive early dismissal unless relief is impossible to prove.
Introduced November 19, 2025 by Ronald Lee Wyden · Last progress November 19, 2025