The Department of Justice’s Antitrust Division has opened an investigation into whether rent-setting software made by a Texas-based real estate tech company is facilitating collusion among landlords and allowing property managers to illegally coordinate their pricing. Read more» 
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A U.S. Senate committee is asked the Federal Trade Commission to review whether the rent-setting software from Texas-based property tech company RealPage violates antitrust laws by helping big landlords operate as a cartel to push rents above competitive levels in some markets. Read more»
Renters filed a lawsuit this week alleging that RealPage -a company that makes price-setting software for apartments - and nine of the nation’s biggest property managers formed a cartel to artificially inflate rents in violation of federal law. Read more»
