Willow Bridge to Settle DOJ's Antitrust Case Involving RealPage
The U.S. Department of Justice has filed a proposed settlement against Willow Bridge Property Co., one of the largest apartment managers in the country, as part of its ongoing antitrust case involving RealPage’s rent pricing software. The lawsuit alleges that companies used algorithmic coordination to fix rental prices by sharing confidential data, violating competition laws.
Topics: antitrust DOJ price fixing real estate RealPage