Democrats on the Senate Banking Committee are asking Defense Secretary Pete Hegseth to probe what’s driving the price hikes ...
An apartment complex owner and a software company have been accused of working together to illegally raise the rent on ...
The complaint is part of the DOJ's ongoing probe into a controversial property management software system, RealPage, that helps landlords set rent prices. Landlords who pay to use RealPage's ...
The DOJ’s amended complaint alleges that the six firms coordinated pricing beyond using RealPage’s algorithm, including: -DOJ alleged that the companies communicate with competitors’ senior ...
In August, the DOJ and eight attorneys general filed a civil antitrust lawsuit against Richardson, Texas-based RealPage, claiming its commercial revenue-management software violates antitrust laws.
“It’s past time to stop scapegoating RealPage — and now our customers — for housing affordability problems.” The DOJ also announced that it had filed a consent decree with the ...
The DOJ amended its lawsuit against property management software firm RealPage on Tuesday to add “six of the nation’s largest landlords,” claiming that the companies took part in an unlawful ...
On Jan. 7, 2025, the Antitrust Division of the U.S. Department of Justice (DOJ) amended its complaint against RealPage Inc. (filed originally on Aug. 23, 2024) to add several multifamily apartment ...
But the amended complaint takes this a step further — on top of using RealPage, these landlords did, the DOJ alleges, coordinate their prices by other means. According to the amended complaint ...
The US previously sued RealPage, a software maker accused of helping landlords collectively set prices by giving them access to competitors' nonpublic pricing and occupancy information. The original ...