The Justice Department says RealPage’s algorithmic pricing software allows landlords nationwide to set rents above market rate and deprives renters of the benefits of competition. The Texas-based company has denied the allegations. Nam Y. Huh/AP
Nam Y. Huh/AP
The U.S. Department of Justice announced Friday that it is suing the real estate company RealPage, saying it engaged in a price-fixing scheme to drive up rents.
The attorneys general of eight states — North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee, and Washington — have joined the Justice Department’s antitrust suit filed in federal court in North Carolina.
The Justice Department