DOJ Sues RealPage Over Rent Pricing
This is a Connecticut news story, published by Engadget, that relates primarily to The Department of Justice news.
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antitrust lawsuitEngadget
•The DOJ files an antitrust lawsuit against a software company for allegedly manipulating rent prices
73% Informative
The Department of Justice and eight states’ attorney generals filed an antitrust lawsuit against rental software company RealPage .
The suit alleges RealPage ’s software, YieldStar , gathers sensitive information from landlords and rental companies, which it feeds into algorithms that limit competition and force renters to pay more.
The DOJ was joined in its suit by the attorney generals of North Carolina , California , Colorado , Connecticut , Connecticut and Minnesota .
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