Justice Department Sues Six of the Nation’s Largest Landlords in Effort to Stop Alleged Price-Fixing in Rental Markets
The Department of Justice on Tuesday sued six of the nation’s largest landlords, accusing them of using a pricing algorithm to improperly work together to raise rents across the country. The lawsuit expands an antitrust complaint the department filed in August that accused property management software-maker RealPage of engaging in illegal price-fixing to reduce competition among landlords
Colorado, Justice Department add Greystar, Cortland and other large landlords to apartment price-fixing suit
Several large landlords allegedly colluded in an effort to keep apartment rents high, including by using an algorithm that influences prices, according to new legal filings by the Colorado attorney general,
Colorado joins Justice Department in suing landlords
The complaint alleged the six companies set their rents using each other's information by either speaking with competitor's senior managers, calling around, and participating in user groups to discuss how to modify pricing methods.
Department of Justice files lawsuit against 6 of nation's largest landlords for price fixing
Rents are rising, and in some cases, the Justice Department says it may be illegal. On Tuesday, the DOJ filed an antitrust lawsuit against six major landlords. It accuses them of working together to keep rent prices high.
Justice Department adds six landlords to rental price lawsuit
The U.S. Department of Justice and 10 state attorneys general have ramped up their antitrust lawsuit against RealPage, a property management software compa
DC News Now on MSN16h
DC residents react to DOJ suing six landlords for colluding to keep rental prices high
High rent prices in D.C. have long frustrated residents in the District. “When I was looking at prices, I said, ‘Can you ...
NC accuses 6 landlords of ‘illegally working together’ to raise rents in RealPage lawsuit
An amended complaint names six landlords as defendants in ongoing litigation that North Carolina and several other states, ...
Bisnow2d
6 Major Landlords Accused Of Anticompetitive Behavior In DOJ’s Reinvigorated RealPage Investigation
Greystar, Blackstone, Camden Property Trust and Cushman & Wakefield are among the firms added to the suit that alleges ...
Big landlords like Greystar, Cushman & Wakefield targeted by NC in lawsuit
The landlords named in the updated lawsuit are: Greystar Real Estate Partners LLC; Blackstone ’s LivCor LLC; Camden Property ...
‘It’s insane’: Tenants react to lawsuit against landlords accused of using AI to raise rent prices
Renters in Charlotte are reacting to the news that six landlords have been accused of using artificial intelligence to raise ...
WBJournal3h
Three firms with 5,400+ Central Mass. apartments facing DOJ lawsuit over rent-fixing scheme
Some of the largest and most prominent Central Massachusetts apartment communities are managed by firms accused by the ...
Afro3h
DOJ sues major landlords over alleged algorithmic pricing scheme
US Department of Justice sues RealPage and six landlords for anticompetitive scheme that raised rental prices for millions of Americans.
Major Eugene landlords accused in federal antitrust case
The Justice Department is suing two of the nation's largest landlords with presences in Oregon. Here's what the lawsuit ...
DOJ amends RealPage complaint to include 6 major landlords
Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/97.BYxs733P.js ...
Illinois joins Justice Department lawsuit against RealPage and big landlords
The real estate companies kept rents high with RealPage's software and by sharing information, the antitrust complaint says.
‘Absolutely egregious’: North Carolina attorney general sues landlords over alleged rent raising collusion
North Carolina’s attorney general says six landlords operating in the state – including two with properties in southeast ...