>I’m I reading this right that the settlement is just “don’t do that again”? Is it typical in antitrust settlements to not have sort of monetary punishment?
The better question is how strong of a case the government had. Your question implies Greystar was indisputably guilty and the government's case would be a slam dunk, but that's not readily apparent, given the novel concept of "algorithmic price fixing".
>Like if this were a class action settlement, they would have to pay back some amount of money to renters.
This settlement doesn't preclude class action lawsuits on the part of tenants.
My understanding is landlords were retaliated against for frequently deviating from the prices set by such software. Is that wrong for this particular company? Because if it's not, then I don't see how that's not price fixing.
Obviously there are limits. Still, the principle stands. The notion that there's some clever loophole which allows you to exploit people only holds if people want to be exploited and cleverness in doing so should be rewarded.
The better question is how strong of a case the government had. Your question implies Greystar was indisputably guilty and the government's case would be a slam dunk, but that's not readily apparent, given the novel concept of "algorithmic price fixing".
>Like if this were a class action settlement, they would have to pay back some amount of money to renters.
This settlement doesn't preclude class action lawsuits on the part of tenants.