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The Justice Department alleged RealPage used technology to help landlords share lease information and keep rents high for millions of renters.
The Justice Department alleged RealPage used technology to help landlords share lease information and keep rents high for millions of renters.
The DOJ alleges RealPage colluded with landlords to inflate rental housing prices, harming millions of Americans.
Two years into the blowback against RealPage for its rent rate algorithm, the company asked the Department of Justice case to be dismissed.
The lawsuit says RealPage's algorithmic pricing software lets landlords effectively collude and set rents above market rate. The Texas-based company has denied the allegations.
The DOJ filed a civil suit against RealPage on Friday, claiming that the company’s software allows for artificially high rent inflation.
The Justice Department has sued real estate tech firm RealPage for allegedly allowing landlords to use its software to illegally collude to raise rents for tenants nationwide. The bombshell ...
The DOJ’s case about rent collusion might have huge implications for high prices.
The complaint alleges that RealPage, a property management software company, contracts with competing landlords who agree to share with the company nonpublic, ...
U.S. property management software firm RealPage said on Friday the Department of Justice had ended a criminal investigation into the company on suspicion of illegal pricing of rental housing.
The DOJ accused RealPage of unlawfully scheming to undermine competition among landlords and create a monopoly that harms millions of renters.