DOJ alleges RealPage, landlords coordinated to raise millions of rents. ... RealPage processes the information through algorithmic pricing software that generates recommendations for rental pricing.

The DOJ alleges RealPage colluded with landlords to inflate rental housing prices, harming millions of Americans. Latest U.S.

RealPage "allows landlords to manipulate, distort, and subvert market forces," the Justice Department said in a civil complaint in U.S. District Court in North Carolina. "At bottom, RealPage is an ...

DOJ alleges RealPage, landlords coordinated to raise millions of rents. Story by Bart Jansen, USA TODAY • 7mo. W ASHINGTON − The Justice Department and attorneys general from eight states ...

Additionally, the DOJ claims RealPage maintains a monopoly in commercial revenue management software for multi-family dwellings, making up around 80 percent of market share.

DOJ thumps RealPage with another antitrust lawsuit over AI-driven rent pricing. Similar suits have been filed against RealPage across the country. August 23, 2024, 4:25pm by Jeff Andrews.

The DOJ in its complaint alleged that use of RealPage’s software ranges from about 29 percent to 60 percent in more than 130 markets. RealPage has a problem with the way these ranges were ...

The DOJ’s case against RealPage is legally flawed because its clients did not communicate nor exchange confidential information with each other via RealPage or its A.I. Merely using the same ...

In the DOJ’s complaint, one unnamed landlord is quoted praising a RealPage product as “classic price fixing” saying, “I always liked this product because your algorithm uses proprietary ...

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 ...

DOJ sues software firm RealPage for allegedly helping landlords collude to keep rents high By Kevin Breuninger,CNBC • Published August 23, 2024 • Updated on August 23, 2024 at 1:22 pm BOOKMARKER ...

The DOJ accused RealPage of unlawfully scheming to undermine competition among landlords and create a monopoly that harms millions of renters.