4 ms·
In the case of RealPage that doesn’t seem like the most probable outcome. They’ve been caught red-handed engaged in blatantly illegal price-fixing conduct that
by CPLX 2y ago
In the case of RealPage that doesn’t seem like the most probable outcome. They’ve been caught red-handed engaged in blatantly illegal price-fixing conduct that has harmed millions of American families.
They’re up against the DOJ and plenty of red state AGs too, all signs point to them being nailed to the wall. At least at a corporate level, we don’t have a good track record of sending execs to jail of course.
- staplers 2y agoThey'll make a big show for the headlines "record breaking $50 million fine for evil bad company" and it will be 35% of profit made on said practices.
- abakker 2y agoWorse, the real profits made were by the individual landlords, so there's no incentive against a similar enough service to emerging instead.
- CPLX 2y agoI could definitely be wrong. But that seems unlikely here. The entire basis of the company is illegal, it's hard to see any settlement here that doesn't involve them completely ceasing to exist and having to pay fines.