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International Business Times
International Business Times
National

RealPage Reaches Settlement With DOJ, Must Stop Algorithms That Enabled Rent Price Collusion

RealPage DOJ

The US Justice Department has reached a settlement with real estate technology company RealPage after allegations that its software helped landlords illegally collude to raise rents, court documents show.

The agreement, announced Monday in North Carolina federal court, aims to restore competition in rental markets and protect tenants from inflated pricing.

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