RealPage Agrees to Settle Federal Rent-Collusion Case
NegativeTechnology

- RealPage, a real estate software company, has agreed to settle a federal antitrust case brought by the Justice Department, which accused it of facilitating rent collusion among landlords, allowing them to charge above
- This settlement is significant for RealPage as it resolves serious allegations of monopolistic practices and price
- The case highlights broader concerns regarding the role of technology in the housing market, particularly as algorithmic and AI tools become more prevalent. The Justice Department's focus on antitrust enforcement reflects a growing trend to address potential abuses in the tech industry, especially in sectors that impact consumer pricing and market competition.
— via World Pulse Now AI Editorial System
