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The DOJ is reportedly targeting AI rental pricing software amid the Biden-Harris administration's push to block what it views as collusion, a move conservatives argue is misguided.
The software then generates recommendations on apartment rental pricing and other terms. In this way, DOJ alleges the building owners can collaborate on their pricing decisions.
An examination of antitrust and competition considerations relating to the use of pricing algorithms and other AI systems, ...
The Antitrust Division's whistleblower program is similar to the Criminal Division’s Corporate Whistleblower Awards Pilot ...
DOJ Complaint Reveals Startling New Details about RealPage’s Alleged Collusion on Rental Prices Last week, the Department of Justice and eight other states sued software company RealPage for its ...
The Justice Department alleged RealPage used technology to help landlords share lease information and keep rents high for millions of renters.
The Path Forward The outcome of the DOJ's lawsuit against RealPage could have far-reaching implications for the rental market and the regulation of AI-driven pricing tools.
Cushman & Wakefield was among six large landlords sued by the Justice Department over alleged anticompetitive practices in housing rental markets on Tuesday, expanding the DOJ’s first case ...
The Department of Justice (DOJ) sued the property management software company RealPage, alleging its pricing algorithm enables landlords to share sensitive pricing information and raise rental prices.
Chicago-based private-equity firm Thoma Bravo acquired the company, which sells software for pricing rental units, in 2021.
Now, there's an effort to stop what one senator calls "high-tech collusion" in the rental industry.
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