YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The U.S. Department of Justice has filed suit against real estate company RealPage.
The suit alleges RealPage participated in a price-fixing scheme to drive up the cost of rent.
"Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law,” U.S. Attorney General Merrick Garland said in a statement. “We allege that RealPage’s pricing algorithm enables landlords to share confidential, competitively sensitive information and align their rents."
Read more from NPR.
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