RealPage and the landlords (collectively “defendants”) allegedly agreed to set rents for multifamily housing properties statewide based on RealPage’s algorithmic pricing software and to exchange sensitive, non-public information to align their prices and avoid competition that would otherwise keep rent prices down.
New Jersey sue Software Company RealPage and 10 NJ Landlords for Alleged Collusion in Statewide Rent Raising Scheme; landlords set rents based on RealPage’s algorithmic pricing software.
Submitted 6 days ago by Tea@programming.dev to technology@lemmy.zip