DOJ sues software firm, alleging pricing algorithm enables landlords to raise rents
- The U.S. Department of Justice and eight states have sued RealPage, claiming its software helps landlords illegally collude and inflate apartment rents.
- The civil lawsuit alleges RealPage’s algorithms manipulate landlord data to suppress market competition, leading to higher rents across the United States.
- Attorney General Merrick Garland stated, “Americans should not have to pay more in rent because a company has found a new way to scheme,” highlighting concerns over corporate landlords.
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