Saturday, August 24, 2024

U.S. Department of Justice Associate Attorney General News Update

U.S. Department of Justice


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08/23/2024 08:00 AM EDT

Thank you, Deputy Attorney General Monaco. I would like to reiterate the Attorney General's and the Deputy Attorney General's thanks to the leadership and staff of the Antitrust Division. They have exhibited the utmost professionalism and dedication throughout the long-running investigation that led to today's complaint.
08/23/2024 08:00 AM EDT

The Justice Department, together with the Attorneys General of North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee, and Washington, filed a civil antitrust lawsuit today 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 today 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.
 

 

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