Justice Department Sues Six Large Landlords for Algorithmic …
Jan 7, 2025 · The Justice Department, together with its state co-plaintiffs, filed an amended complaint today in its antitrust lawsuit against RealPage, to sue six of the nation’s largest landlords for participating in algorithmic pricing schemes that harmed renters.
Justice Department Sues RealPage for Algorithmic Pricing Scheme …
Aug 23, 2024 · RealPage’s alleged conduct deprives renters of the benefits of competition on apartment leasing terms and harms millions of Americans. The lawsuit was filed today in the U.S. District Court for the Middle District of North Carolina and alleges that RealPage violated Sections 1 and 2 of the Sherman Act.
RealPage accused of helping landlords collude to raise rents - NPR
Aug 24, 2024 · The U.S. Department of Justice announced Friday that it is suing the real estate company RealPage, saying it engaged in a price-fixing scheme to drive up rents.
U.S. Justice Department sues RealPage, alleging it enabled price-fixing …
Aug 23, 2024 · RealPage claims the allegations against the company are false, and insists that RealPage customers decide their own rent prices and can reject the algorithm's recommendations.
DOJ Sues Large U.S. Landlords Over Alleged Price-Fixing
Jan 9, 2025 · RealPage said that “fewer than 10% of all rental housing units in the U.S. use RealPage software to suggest rental prices, and our software recommendations are accepted less than half the time.”
Justice Department accuses RealPage of helping landlords hike …
Aug 23, 2024 · The Justice Department filed an antitrust lawsuit Friday against real estate software company RealPage Inc., accusing it of an illegal scheme using algorithms to allow landlords to coordinate to hike rental prices.
US sues six of the biggest landlords over “algorithmic pricing …
Jan 7, 2025 · The US previously sued RealPage, a software maker accused of helping landlords collectively set prices by giving them access to competitors' nonpublic pricing and occupancy information. The...
First settlements reached in RealPage rental price-fixing lawsuits
Feb 5, 2024 · Two companies that own and operate multifamily residential properties have agreed to settle claims that they artificially inflated rental prices using RealPage revenue management software.
Justice Department preparing rental market collusion lawsuit
Jul 12, 2024 · DOJ staff recently recommended a civil lawsuit against RealPage that would accuse the company of selling software that enables landlords to illegally share confidential pricing information in...
U.S. Expands RealPage Price-Fixing Lawsuit to Include Six Big …
U.S. Expands RealPage Price-Fixing Lawsuit to Include Six Big Landlords. Share. Resize. Listen (2 min) Advertisement. ... Photo: Yuki Iwamura/Bloomberg News.