Clifford Chance

DOJ and Eight State Attorneys General File Civil Antitrust Lawsuit Against RealPage Inc. Alleging its Algorithmic Pricing Software Amounts to Price-Fixing and Monopolization

August 26, 2024

In a significant move signaling increased scrutiny of purported algorithmic collusion, the Department of Justice, along with eight State Attorneys General, filed a Complaint on Friday, August 23, 2024, alleging that RealPage Inc., a property management software company known for its AI-powered pricing software, has violated both Sections 1 and 2 of the Sherman Act by serving as a conspiratorial hub connecting the spokes of competing property management companies. The Complaint puts the agency's theories about algorithmic price-fixing to the test and comes on the heels of private antitrust suits involving RealPage's pricing algorithm.

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