Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag U.S. Justice Department settles with LivCor over alleged algorithmic rent-fixing using RealPage software.

flag The U.S. Justice Department has reached a proposed settlement with LivCor, a Blackstone-owned property manager, over allegations it used RealPage’s software to share private rental data and coordinate rent increases, violating antitrust laws. flag The agreement, which requires LivCor to stop using third-party software for pricing based on competitors’ confidential data and implement compliance measures, is part of a broader federal effort to combat algorithmic collusion in the rental market. flag The settlement does not include an admission of wrongdoing and is subject to court approval.

6 Articles