Justice Department Sues Six Large Landlords for Algorithmic Pricing Scheme that Harms Millions of American Renters

News Competition Sanctions & Fines

Date: 7th Jan, 2025 Source: US Department of Justice (Antitrust Division) Country: USA Original Source

Brief

"On July 20, 2023, the US Department of Justice (Antitrust Division) issued an update regarding its lawsuit against RealPage and six major apartment landlords. The amended complaint alleges that these landlords participated in an anticompetitive scheme to set rents using each other's competitively sensitive information through common pricing algorithms, harming millions of American renters."

This content is restricted.

Highlights content goes here...

This content is restricted.

US Department of Justice (Antitrust Division)

RADA.AI

Hello! I'm RADA.AI - Regulatory Analysis and Decision Assistance. Your Intelligent guide for compliance and decision-making. How can i assist you today?

Suggested

Justice Department Sues Six Large Landlords for Algorithmic Pricing Scheme that Harms Millions of American Renters

Brief

US Department of Justice (Antitrust Division)

Form successfully submitted. One of our GRI rep will contact you shortly

Thanking You!

Enter your Email

Verify Email

Tell us more about yourself

Select your work area

Select your country

All set.

Justice Department Sues Six Large Landlords for Algorithmic Pricing Scheme that Harms Millions of American Renters

Brief

US Department of Justice (Antitrust Division)

Form successfully submitted. One of our GRI rep will contact you shortly

Thanking You!

Enter your Email

Verify OTP

Enter your Email

Verify Email

Tell us more about yourself

Select your work area

Select your country

All set.