DOJ sues software firm RealPage for allegedly helping landlords collude to keep rents high

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DOJ sues software firm RealPage for allegedly helping landlords collude to keep rents high
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The DOJ accused RealPage of unlawfully scheming to undermine competition among landlords and create a monopoly that harms millions of renters.

The Department of Justice accused software company RealPage of unlawfully scheming to undermine competition among landlords and create a monopoly that harms millions of renters.

RealPage "allows landlords to manipulate, distort, and subvert market forces," the Justice Department said in the federal civil antitrust lawsuit. U.S. Attorney General Merrick Garland speaks to reporters during a brief news conference at the Justice Department in Washington, U.S., May 4, 2023.and eight states on Friday accused software company RealPage of unlawfully scheming to undermine competition among landlords and create a monopoly that harms millions of renters.

"And in so doing, it enriches itself and compliant landlords at the expense of renters who pay inflated prices and honest businesses that would otherwise compete," the DOJ alleged.Harris accepts Democratic nomination, vows to be a ‘common sense’ president who ‘unites us’New York drug dealer whose prison sentence Trump commuted arrested on assault charges

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