The Justice Department and several state attorneys general are suing RealPage for using algorithms to orchestrate collusion among landlords, reducing competition and manipulating rental prices.
U.S. Attorney General Merrick Garland emphasized that using software as a mechanism for collusion does not offer immunity from antitrust laws, reinforcing the Justice Department’s commitment to enforcing standards against such violations.
The complaint underscores that RealPage's software enables landlords to collaborate on sensitive rental data intentionally, manipulating the market dynamics in their favor while harming consumer interests.
Garland reiterated that no American should pay higher rent due to collusion facilitated by technology, highlighting the importance of competitive pricing and the legal ramifications for companies that engage in price-fixing.
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