Justice Department Sues Six Large Landlords for Algorithmic …
3 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 ...
US DOJ sues landlords over rent price-fixing algorithms
22 hours ago · The US Department of Justice (DOJ) announced a lawsuit Tuesday against six corporate landlords and a software company accused of colluding to fix rent prices by sharing sensitive competitive information through the use of pricing algorithms. The DOJ accused the landlords of colluding through software created by tech company RealPage, which collects sensitive pricing information and uses the ...
DOJ Sues Large U.S. Landlords Over Alleged Price-Fixing
2 days 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.”
Houston company Camden among landlords sued by DOJ for alleged price fixing
2 days ago · The allegations made against the six companies were filed Tuesday as an amended complaint in the ongoing antitrust lawsuit against RealPage. The DOJ originally filed the lawsuit against RealPage ...
Landlords accused of using RealPage for rental price fixing. See …
3 days 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 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.
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.
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.
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