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Justice Department Sues RealPage for Algorithmic Pricing Scheme that Harms Millions of American Renters
“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. We allege that RealPage’s pricing algorithm enables landlords to share confidential, competitively sensitive information and align their rents.”
-Attorney General Merrick B. Garland
“Using software as the sharing mechanism does not immunize this scheme from Sherman Act liability, and the Justice Department will continue to aggressively enforce the antitrust laws and protect the American people from those who violate them.”
-Attorney General Merrick B. Garland
“Today’s complaint against RealPage illustrates our corporate enforcement strategy in action. We identify the most serious wrongdoers, whether individuals or companies, and focus our full energy on holding them accountable.”
-Deputy Attorney General Lisa Monaco
“By feeding sensitive data into a sophisticated algorithm powered by artificial intelligence, RealPage has found a modern way to violate a century-old law through systematic coordination of rental housing prices — undermining competition and fairness for consumers in the process. Training a machine to break the law is still breaking the law. Today’s action makes clear that we will use all our legal tools to ensure accountability for technology-fueled anticompetitive conduct.”
-Deputy Attorney General Lisa Monaco
“RealPage’s egregious, anticompetitive conduct allows landlords to undermine fair pricing and limit housing options while stifling necessary competition. The Department remains committed to rooting out illegal schemes and practices aimed at empowering corporate interests at the expense of consumers.”
-Acting Associate Attorney General Benjamin C. Mizer
“As Americans struggle to afford housing, RealPage is making it easier for landlords to coordinate to increase rents. Today, we filed an antitrust suit against RealPage to make housing more affordable for millions of people across the country. Competition – not RealPage – should determine what Americans pay to rent their homes.”
-Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division
On August 23, 2024 the Justice Department, together with the Attorneys General of North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee, and Washington, filed a civil antitrust lawsuit against RealPage Inc. for its unlawful scheme to decrease competition among landlords in apartment pricing and to monopolize the market for commercial revenue management software that landlords use to price apartments. RealPage’s alleged conduct deprives renters of the benefits of competition on apartment leasing terms and harms millions of Americans. The lawsuit was filed on August 23, 2024 in the U.S. District Court for the Middle District of North Carolina and alleges that RealPage violated Sections 1 and 2 of the Sherman Act.
Updated January 20, 2025
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