US EditionNew limits for a rent algorithm that prosecutors say let landlords drive up prices
The settlement bars RealPage from using real-time nonpublic data in rent algorithms to prevent illegal collusion, with the company holding 80% market share, DOJ said.
- RealPage has reached a settlement with the Department of Justice to limit app features after claims of unfair practices by landlords in Jersey City, New Jersey.
- The settlement will prevent RealPage from coordinating pricing and using competitor data for real-time rent setting, according to Attorney General Abigail Slater.
- RealPage agreed to independent monitoring for three years to ensure compliance but maintained no admission of liability.
- The settlement protects renters from illegal price-fixing practices.
95 Articles
95 Articles
The market in Bucharest is extremely diverse and dynamic. Comfort, transport access, zone security and space efficiency are the most important criteria. Whether we are talking about students, young professionals, couples or people working away, each category has a clear set of needs when looking for their ideal accommodation. Article (P) The most sought options for renting in Bucharest: what chooses the renters first appeared in Romania TV.
New limits for a rent algorithm that prosecutors say let landlords drive up prices
Real estate software company RealPage has agreed to stop sharing nonpublic information between landlords as part of a settlement with the Department of Justice. Federal prosecutors had accused RealPage of helping property managers illegally drive up rents across the country.…
New limits for a rent algorithm that prosecutors say let landlords drive up prices
Real estate software company RealPage has agreed to stop sharing nonpublic information between landlords as part of a settlement with the Department of Justice. Federal prosecutors had accused RealPage of helping property managers illegally drive up rents across the country.…
New limits for a rent algorithm that prosecutors say let landlords drive up prices
Real estate software company RealPage has agreed to stop sharing nonpublic information between landlords as part of a settlement with the Department of Justice. Federal prosecutors had accused RealPage of helping property managers illegally drive up rents across the country.…
Coverage Details
Bias Distribution
- 57% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
