The Colorado Attorney General announced a $7 million settlement with LivCor, LLC, for its involvement in an algorithmic rent-setting scheme, as part of a bipartisan coalition of nine attorneys general.

enforcement action United States / CO settled 8/10

Government · Colorado Attorney General

The Colorado Attorney General, Phil Weiser, along with eight other attorneys general, announced a $7 million settlement with LivCor, LLC. This settlement addresses LivCor's alleged role in an algorithmic rent-setting scheme, which is part of ongoing antitrust litigation. This indicates strong enforcement against anti-competitive practices involving AI in real estate pricing.

Effective date

2026-06-18

Action required

Companies using algorithmic pricing, especially in real estate, must review their systems and practices to ensure compliance with antitrust laws to avoid similar enforcement actions.

Binding status

binding

Governing body

Colorado Attorney General

Direction

restrictive

Innovation impact

constraining

Enforcement details

Agency

Colorado Attorney General

Penalty

$7,000,000

Compliance requirements

Prohibited practices

participating in or facilitating algorithmic rent-setting schemes that violate antitrust laws

AI technologies

predictive analyticsai agents

Affected industries

real estate

Affected roles

general counselceoboard directorrisk managercompliance officer

"Attorney General Phil Weiser today, as part of a bipartisan coalition of nine attorneys general, announced a $7 million settlement with LivCor, LLC, one of the property management companies named in ongoing antitrust litigation against [...]"

Enriched 2026-06-18

Stay informed

Get daily intelligence briefs on this and related regulatory developments.

Start 14-day trial

Important — about this brief

This brief is published by AIGI as a regulatory intelligence service. It contains general information about AI laws, regulations, enforcement actions, and policy signals across jurisdictions. It is not legal, compliance, audit, or risk-management advice; it does not establish an attorney-client, advisory, or fiduciary relationship; and it should not be relied upon as a substitute for professional counsel applied to specific facts and circumstances. Where the brief identifies “Issues for Review,” those are observations of questions a reader in a particular role might raise with their own legal, compliance, or risk function — not recommendations to act. AIGI expressly disclaims liability for actions taken or not taken in reliance on this brief. Subscribers in regulated industries should consult licensed professionals authorized to practice in their jurisdiction.

Full disclosures →