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 manipulated the market with algorithmic collusion," DiCello Levitt partner Adam Levitt alleged as outside counsel ...

In a news release, the DOJ noted that RealPage "commands over 80% market share" in this sector. "Anticompetitive agreements are illegal, whether done by a human or software program.

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

The DOJ separately alleges that RealPage has unlawfully maintained its monopoly over commercial revenue management software for multifamily dwellings in the U.S., in which RealPage commands ...

A RealPage executive told a landlord that using competitor data could help identify where a landlord “may have a $50 increase instead of a $10 increase for the day,” according to the lawsuit.

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 amended its lawsuit Tuesday against tech company RealPage to include six corporate landlords, while settling claims with Atlanta-based Cortland Management.

The DOJ filed a civil suit against RealPage on Friday, claiming that the company’s software allows for artificially high rent inflation. Skip to content. Introducing the 2025 Women of Influence!

The U.S. Department of Justice accused software company RealPage of unlawfully scheming to undermine competition among landlords and create a monopoly that harms millions of renters. RealPage ...

The DOJ accused RealPage of unlawfully scheming to undermine competition among landlords and create a monopoly that harms millions of renters.