The Justice Department’s suit against RealPage will likely influence the outcome of other cases with similar claims, potentially bolstering arguments that the revenue management firm colluded to raise rents nationwide.
The DOJ filed a civil case against RealPage in the US District Court for the Middle District of North Carolina late last week, alleging the company violated antitrust law by helping property managers conspire to inflate rental prices on millions of units. North Carolina, California, and Minnesota are among the eight states that also joined the lawsuit, heightening pressure on the Thoma Bravo LP affiliate that analyzes data from landlords ...
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