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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.
President Joe Biden specifically criticized collusion in the rental market in his most recent State of the Union address. The average US rent has skyrocketed by 33% since the beginning of the ...
Justice Department preparing rental market collusion lawsuit. The Biden administration has focused on reining in housing costs as a key part of its economic agenda.
Cushman & Wakefield was among six large landlords sued by the Justice Department over alleged anticompetitive practices in housing rental markets, the DOJ said Tuesday.
Feds sue software company for enabling nationwide collusion on rent. The case against RealPage from the DOJ and eight states comes as housing costs are top of mind in the 2024 election.
RealPage contends DOJ lawsuit 'cherry-picks' executive quotes. Justice Department officials said this was the first civil case in which the government alleged an algorithm was the method used for ...
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 ...
DOJ alleges RealPage, ... RealPage provides software to landlords to help manage 16 million rental units ... and the alleged collusion between RealPage and landlords kept prices higher than they ...
The landlords also share “the number of potential future renters who have visited a property or submitted a rental application.” Housing affordability was a key issue in the presidential election.