Anticompetitive Rental Scheme: Blackstone’s LivCor Reaches Settlement With Justice Department

Anticompetitive Rental Scheme: Blackstone’s LivCor Reaches Settlement With Justice Department

LivCor, one of the largest landlords in the United States, has entered into a proposed consent decree with the Department of Justice (DOJ) to resolve price manipulation claims made by the department, the DOJ said in a Dec. 23 statement. On Jan. 7, the DOJ announced it was suing tech company RealPage and six landlords, including LivCor, which operates under asset management company Blackstone. The department accused the landlords of using RealPag…

Blackstone's LivCor Settles DOJ's Alleged Rental Price-Fixing Claims

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Blackstone’s LivCor Settles DOJ’s Alleged Rental Price-Fixing Claims

Blackstone’s LivCor Settles DOJ’s Alleged Rental Price-Fixing Claims Authored by Naveen Athrappully via The Epoch Times, LivCor, one of the largest landlords in the United States, has entered into a proposed consent decree with the Department of Justice (DOJ) to resolve price manipulation claims made by the department, the DOJ said in a Dec. 23 statement. On Jan. 7, the DOJ announced it was suing tech company RealPage and six landlords, includi…

U.S. Department of Justice, LivCor Announce Lawsuit Settlement - The MortgagePoint

The DOJ had sued six large landlords, including LivCor, alleging the companies used software created by RealPage to unlawfully share non-public information about rental pricing.