Justice Department Sues RealPage Over Alleged Rent-Price Fixing Scheme

The lawsuit claims RealPage's software enabled landlords to collude and inflate rental prices, impacting millions of tenants.

RealPage is accused of using its YieldStar algorithm to help landlords set higher rents by sharing confidential data.
The DOJ's case is one of the first major federal actions against algorithmic price-setting tools.
Eight states have joined the DOJ's lawsuit, citing significant impacts on the housing market.
RealPage denies the allegations, arguing its software provides lawful pricing recommendations.
The outcome of the lawsuit could influence the use of similar price-setting technologies in other industries.