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.

SB 794 prohibits landlords from using algorithmic pricing software that incorporates nonpublic competitor data - such as actual rent prices or occupancy rates from other landlords - to coordinate rent pricing or enter into anti-competitive agreements. The bill defines "nonpublic competitor data" as information not widely available to the public and bans its use in software that advises landlords on rent amounts for prospective tenants. This directly affects landlords who rely on such tools to set or adjust rental rates. Violations would be treated as violations of Michigan's antitrust laws, potentially leading to penalties.