Reported about 2 months ago
The U.S. Department of Justice, along with eight states, has filed a lawsuit against RealPage, accusing the property management software company of using algorithms to facilitate illegal collusion among landlords, resulting in increased apartment rents. The lawsuit alleges that RealPage's software enables landlords to share pricing information, preventing competition and harming renters by driving up housing costs, which have surged significantly in recent years. Attorney General Merrick Garland emphasized that Americans shouldn't face higher rents due to such anti-competitive practices.
Source: YAHOO