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

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 ...

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

DOJ alleges RealPage, landlords coordinated to raise millions of rents. Story by Bart Jansen, USA TODAY • 6mo. 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.

The DOJ is looking into the possibility that RealPage is facilitating price-fixing among some of the large residential property owners and management firms that use the company’s product, ...

The DOJ is investigating RealPage and several multifamily operators for alleged large-scale price fixing, according to Inman.The multifamily operators in the investigation’s crosshairs were not ...

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 ...

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 ...

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.