Friday, August 23, 2024

Breaking news: U.S. accuses software maker of helping landlords collude to raise rents

The suit alleges a price-fixing conspiracy that increased rents beyond market rates.
From The Times

August 23, 2024

BREAKING NEWS

Scaffolding in front of a brick apartment building under construction. Two workers wearing yellow safety vests are seen from behind at different levels.
Kim Raff for The New York Times

U.S. Accuses Software Maker RealPage of Enabling Collusion on Rents

The Justice Department filed an antitrust suit against the real estate software company alleging an illegal pricing scheme facilitated by algorithms.

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