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International Business Times

World

John BIERS

FORGOTTEN HISTORY: Us alleges software scheme to raise rent prices - Caught on Camera

United States RealPage DOJ Jonathan Kanter Merrick Garland Lawsuit

US Attorney General Merrick Garland speaks alongside Assistant Attorney General Jonathan Kanter to unveil charges against RealPage (Credit: AFP)

US prosecutors unveiled sweeping antitrust charges Friday against a property management software company that they allege employs algorithms to enable collusion among landlords, harming renters across numerous US markets.

The Department of Justice, joined by eight US states, filed a civil lawsuit against Texas-based RealPage, which maintains an alleged "monopoly" over commercial revenue management software, according to a DOJ press release.

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International Business Times

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Embattled new White House Press Secretary Zacharia 'let go' from her role

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