The lawsuit says RealPage’s algorithmic pricing software lets landlords effectively collude and set rents above market rate. The Texas-based company has denied the allegations.
The Justice Department says RealPage’s algorithmic pricing software allows landlords nationwide to set rents above market rate and deprives renters of the benefits of competition. THe Texas-based company has denied the allegations.
The attorneys general of eight states — North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee, and Washington — have joined the Justice Department’s antitrust suit filed in federal court in North Carolina.
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