(Reuters) -The U.S. Justice Department said on Friday that it had filed a proposed settlement to resolve claims against apartment manager Greystar in a case alleging algorithmic collusion and anticompetitive practices in rental markets.

If approved, the settlement would require Greystar, among other conditions, to refrain from using any anticompetitive algorithm that generates pricing recommendations using its competitors’ data, the Justice Department said.

The proposal would also require Greystar to refrain from sharing competitively sensitive information with competitors and accept a court-appointed monitor if it uses a third-party pricing algorithm that is not certified in the settlement terms, the department added.

The proposed U.S. settlement deal would require Greystar to cooperat

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