DOJ Sues RealPage for Antitrust Violations.

The U.S. Department of Justice has filed a lawsuit against RealPage, Inc., alleging that the company used its pricing algorithm to help landlords coordinate rent prices, reducing competition and inflating rents across the U.S. This lawsuit is seen as a critical move to protect renters from unfair pricing practices that allegedly impacted millions of Americans. The DOJ accuses RealPage of violating antitrust laws by creating a monopolistic environment in the apartment rental market.