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Eight states seek $7M settlement with Greystar over alleged rent-fixing via algorithm and data sharing.
Eight state attorneys general, led by Oregon’s Dan Rayfield, proposed a $7 million settlement with Greystar Management Services over accusations it used RealPage’s pricing algorithm and shared sensitive data with competitors to coordinate rent hikes.
Under the deal, Greystar must stop using anticompetitive algorithms, end data sharing, and avoid RealPage-run meetings with rival landlords.
The coalition—spanning states like California, Illinois, and Tennessee—aims to restore fair competition in rental markets.
The agreement follows an earlier non-monetary DOJ settlement and forms part of wider crackdowns on algorithmic price-fixing in housing.
Ocho estados buscan un acuerdo de $7 millones con Greystar por la supuesta fijación de alquileres a través de algoritmos y el intercambio de datos.