RealPage Settles Antitrust Lawsuit, Rent-Setting Software Changes

Landlords may soon lose their secret weapon for driving up rents, as RealPage, a software company, has agreed to stop using real-time data to determine price recommendations. This settlement, following a federal antitrust lawsuit, aims to promote competition in local housing markets and prevent algorithmic collusion. RealPages attorney expressed satisfaction with the outcome, while critics welcome the change as a victory for renters. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.