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U.S. Accuses Software Company RealPage of Illegally Coordinating Rent Prices.

Authors :
Michaels, Dave
Parker, Will
Source :
Wall Street Journal - Online Edition. 8/24/2024, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

The article reports that the U.S. Justice Department and eight states have sued RealPage, alleging the company's rent-setting algorithm facilitates illegal price coordination among landlords. Topics discussed include the company's alleged role in stifling competition, the impact of its software on rent increases, and broader regulatory efforts targeting algorithmic pricing in the housing market.

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
179222281