Justice Department Sues Six Large Landlords for Algorithmic …

Jan 7, 2025 · Attorneys General of Illinois and Massachusetts Join Suit Against RealPage and Apartment Landlords, Bringing Total State and Commonwealth Co-Plaintiffs to 10 The Justice …

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DOJ Expands RealPage Rent-fixing Case To Add Houston Landlords

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6 days ago · Houston renters paid $83 more per month, or $996 annually, if their landlords used RealPage in 2023, the analysis estimated. Nationally, the study estimated algorithmic pricing …

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FAQs about Justice Department Sues Six Large Landlords for Algorithmic … Coupon?

Who is suing RealPage for Algorithmic pricing?

The Justice Department, together with its state co-plaintiffs, filed an amended complaint today in its antitrust lawsuit against RealPage, to sue six of the nation’s largest landlords for participating in algorithmic pricing schemes that harmed renters. ...

Does RealPage have a lawsuit against landlords?

The company has said it will defend itself against the lawsuits, which have originated in multiple jurisdictions. Arizona Attorney General Kris Mayes on Feb. 28 announced a lawsuit against RealPage and nine apartment landlords, alleging they conspired to illegally raise rents for hundreds of thousands of renters . ...

Did the six landlords participate in a 'competitive pricing scheme'?

The amended complaint alleges that the six landlords actively participated in a scheme to set their rents using each other’s competitively sensitive information through common pricing algorithms. Along with using RealPage’s anticompetitive pricing algorithms, these landlords coordinated through a variety of means, including: ...

Who is suing RealPage & apartment landlords?

Attorneys General of Illinois and Massachusetts Join Suit Against RealPage and Apartment Landlords, Bringing Total State and Commonwealth Co-Plaintiffs to 10 ...

Will the DOJ Sue RealPage over alleged collusion & price-fixing?

That effort escalated with an unannounced raid in May of Cortland Management, a major corporate landlord based in Atlanta. The DOJ is preparing to sue RealPage over alleged collusion and price-fixing within the rental housing market, according to reporting by Politico. ...

Did RealPage's rent-setting algorithm cause illegal price fixing?

The Justice Department is adding six major apartment landlords to its lawsuit against real-estate software company RealPage, expanding the scope of its allegations that the rent-setting algorithm enabled illegal price fixing. ...