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August 23, 2024 at 11:01 AM. Justice Department antitrust suit against RealPage alleges collusion with landlords. The Justice Department and several state attorneys general filed an antitrust suit ...
The Justice Department on Friday filed an antitrust lawsuit against RealPage, a property management software provider, alleging it enabled a collusion among landlords to inflate rents for millions ...
Updated August 23, 2024 at 8:31 PM. WASHINGTON − The Justice Department and attorneys general from eight states filed a lawsuit Friday alleging a Dallas company, RealPage, collected sensitive ...
RealPage is not the only company that offers an algorithmic tool to help property managers set prices. But the lawsuit says the company is by far the biggest in the industry, controlling 80% of the market. The use of data to help property managers set their rents isn’t new or, on its face, illegal. But officials argue that RealPage is different.
Justice Department accuses real estate software company RealPage of scheme to inflate rental prices in antitrust lawsuit; New Dutch leader bans phones in Cabinet meetings to dial back espionage threat; Andrew Tate placed under house arrest as new human trafficking allegations emerge involving minors; Google agreed to pay millions for California ...
RealPage. RealPage, Inc. is an American property management software company, owned by the private equity firm Thoma Bravo, and known for its algorithmic rent setting, which is allegedly price fixing. Its services are used to manage more than 24 million housing units worldwide in multifamily, commercial, single-family, and vacation rentals.
August 23, 2024 at 4:22 PM. WASHINGTON (AP) — The Justice Department filed an antitrust lawsuit Friday against real estate software company RealPage Inc., accusing it of an illegal scheme that ...
The Justice Department sued Apple in March and in May announced a sweeping lawsuit against Ticketmaster and its owner, Live Nation Entertainment. Antitrust enforcers have also opened investigations into the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom.