End Rent Fixing Act of 2025

This bill prohibits rental property owners and their agents from paying for or engaging in "coordinating functions" that involve collecting and analyzing rental price data across multiple properties to set rents or lease terms. It directly affects landlords, property management companies, and third-party coordinators who share pricing information or use algorithms to standardize rental rates. The key mechanism makes it unlawful to perform or pay for such coordination, treating it as a per se violation of antitrust laws under the Sherman Act and FTC Act. Enforcement is handled by the FTC, the Attorney General, and state attorneys general, with penalties including triple damages for affected tenants.