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There have been talks of collusion/price-fixing/monopoly abuse on rents in the US, with a single company (I don't remember the name) providing services (includi

by Yoric 1y ago

There have been talks of collusion/price-fixing/monopoly abuse on rents in the US, with a single company (I don't remember the name) providing services (including picking prices) to a large majority of landlords. Could this be related?

baby-yoda 1y ago
The company accused of being involved in collusion is RealPage, they have a local market analytics platform which shares rental information between landlords. https://www.justice.gov/archives/opa/pr/justice-department-sues-six-large-landlords-algorithmic-pricing-scheme-harms-millions https://www.justice.gov/archives/opa/pr/justice-department-s...