Justice Department Sues Six Large Landlords for Algorithmic …
2 days ago · Attorneys General of Illinois and Massachusetts Join Suit Against RealPage and Apartment Landlords, Bringing Total State and Commonwealth Co-Plaintiffs to 10 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 ...
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.
DOJ Sues Large U.S. Landlords Over Alleged Price-Fixing
23 hours ago · 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.”
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.
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.
Landlords accused of using RealPage for rental price fixing. See …
1 day ago · Rent prices in D.C. increased 1.6 percent from June 2023 to June 2024, and are up more than 10 percent from their pre-pandemic levels. In its lawsuit, D.C. alleges that RealPage and property ...
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 …
2 days ago · 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 ...
US sues RealPage over rent-setting software that allegedly drove up prices
Aug 23, 2024 · The Department of Justice filed an antitrust lawsuit against RealPage over claims the company worked with landlords to increase rent prices.
Landlords Raise Rents Based on RealPage Software, Suits Say
Jul 19, 2024 · RealPage, owned by the private equity firm Thoma Bravo, advertises its software to landlords as a tool that can help them outperform the market by 3 to 7 percent. RealPage has denied that it...
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