Real estate software firm RealPage Inc. sued the city of Berkeley, Calif., in federal court Wednesday over a newly passed ordinance banning the use of “coordinated pricing algorithms” to set rental rates.
The company, which is facing major regulatory scrutiny over claims that landlords use its software to fix rental prices, alleged the Berkeley law violates the First Amendment because it bans RealPage from communicating advice on rents to landlords.
“The Ordinance burdens the ‘creation’ and ‘dissemination’ of information,” the complaint said. It also prohibits “the use of technology to generate rental information, to gather, sort, and analyze that rental ...
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