Justice Department Sues Six Large Landlords for Algorithmic …
3 days ago · News; Press Releases; Justice Department Sues Six Large Landlords For Algorithmic Pricing Scheme That Harms Millions of American Renters ... the landlords named in today’s lawsuit shared sensitive information about rental prices and used algorithms to coordinate to keep the price of rent high,” said Acting Assistant Attorney General Doha ...
US Justice Department accuses six major ... - Associated Press News
3 days ago · The lawsuit arrives as U.S. renters continue to struggle under a merciless housing market, with incomes failing to keep up with rent increases. The latest figures show that half of American renters spent more than 30% of their income on rent and utilities in …
DOJ Sues Six Major Landlords Alleging Rent Inflation Scheme
19 hours ago · DOJ Acting Assistant Attorney General Doha Mekki stated, “While Americans across the country struggled to afford housing, the landlords named in today’s lawsuit shared sensitive information about rental prices and used algorithms to coordinate to keep the price of rent high.” This alleged collusion affected millions of renters already ...
US Sues Cushman & Wakefield, Other Landlords Over Alleged Rental …
3 days ago · The DOJ and a coalition of states sued in North Carolina in August, accusing property management software company RealPage of letting landlords collude by sharing their pricing information with ...
US sues Cushman & Wakefield, other landlords over alleged rental …
3 days ago · The seal of the U.S. Justice Department is seen on the podium in the Department's headquarters briefing room before a news conference with the Attorney General in Washington, January 24, 2023.
DOJ sues RealPage over alleged landlord rent price collusion …
Aug 23, 2024 · Democratic nominee Kamala Harris last week unveiled an economic plan that aims to lower rental costs in part by cracking down on the companies behind price-setting …
Justice Department preparing rental market collusion lawsuit
Jul 12, 2024 · DOJ staff recently recommended a civil lawsuit against RealPage that would accuse the company of selling software that enables landlords to illegally share confidential pricing information in...
U.S. Justice Department sues RealPage, alleging it enabled ... - CBS News
Aug 23, 2024 · The Justice Department on Friday filed an antitrust lawsuit against RealPage, a property management software provider, alleging it enabled a collusion among landlords to inflate rents for...
RealPage accused of helping landlords collude to raise rents - NPR
Aug 24, 2024 · 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.
U.S. Accuses RealPage of Enabling Collusion on Rents in Antitrust …
Aug 23, 2024 · The Justice Department filed an antitrust lawsuit on Friday against the real estate software company RealPage, saying its software enabled landlords to collude to raise rents across the United...
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