DOJ sues RealPage for allegedly enabling landlords to collude on rent prices through its software.

The US Department of Justice is suing RealPage, a software company, for allegedly enabling landlords to collude on rent prices. The software collects data from competing landlords to make higher pricing recommendations, contributing to rising rental costs. RealPage denies the claims, stating its software only aids data-driven decision-making. This lawsuit highlights a new form of price-fixing through algorithms, affecting millions of households struggling with high rent.

November 18, 2024
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