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U.S. Accuses Software Company RealPage of Illegally Coordinating Rent Prices.
- 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.
- Subjects :
- *PRICES
*COMPUTER software industry
*RENT
*RENTAL housing
*REAL property
Subjects
Details
- Language :
- English
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Online Edition
- Publication Type :
- News
- Accession number :
- 179222281