RealPage Faces DOJ Lawsuit Over Alleged Rent Price Fixing

The Justice Department accuses RealPage of using software to help landlords collude on rental prices, impacting millions of renters.

RealPage is accused of sharing non-public rental data to help landlords avoid competition and keep rents high.
The lawsuit involves the Justice Department and eight state attorneys general, excluding Texas.
RealPage denies the allegations, claiming its software promotes competition and is legally compliant.
Critics argue the software exacerbates the rental affordability crisis in major metro areas.
The case is part of a broader Biden administration effort to address corporate practices that drive up consumer prices.