- The Department of Justice accused software company RealPage of unlawfully scheming to undermine competition among landlords and create a monopoly that harms millions of renters.
- RealPage “allows landlords to manipulate, distort, and subvert market forces,” the Justice Department said in the federal civil antitrust lawsuit.
- Attorney General Merrick Garland said, “Everybody knows the rent is too damn high, and we allege this is one of the reasons why.”
This is great! Actual work being done on the sky-high rent prices.