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 Justice Department is suing a company called RealPage for using algorithms to help landlords secretly collude and fix prices for their rental properties, inflating costs for consumers.
This is the latest such move to target the company’s software algorithms. The lawsuit alleges that RealPage’s algorithmic pricing lets landlords to effectively collude and set rents above market rate.
was sued Friday by the U.S. Justice Department and eight attorneys general for allegedly helping apartment and building managers around the country collude to drive up unit prices. The Richardson ...
Dept. of Justice alleges RealPage software helped landlords collude for higher rent The U.S. Justice Department alleges RealPage used technology to help landlords share lease information and keep ...