#PriceCollusion
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humanghostemoji.bsky.social
California sues Amazon for alleged price-fixing with rivals; trial set for Jan 2027. #Amazon #Antitrust #PriceCollusion
arstechnica.com/tech-policy/...
Internal emails show how Amazon raises prices across the Internet, lawsuit says - Ars Technica
“It’s working!“: Amazon emails with vendors show pattern of disappearing deals.
arstechnica.com
April 21, 2026 at 10:41 PM
robertcfried.bsky.social
#RentPricing
#AntitrustLaw
#DOJ
#RealPage
#AlgorithmicPricing
#HousingAffordability
#RentControl
#PropTech
#Blackstone
#Greystar
#RentFixing
#HousingCrisis
#LandlordLawsuit
#RentalMarket
#PriceCollusion
The US Justice Department has expanded its antitrust lawsuit against RealPage, a property management software vendor, to include six major landlords accused of using algorithmic rent-fixing to keep rents artificially high[1][3]. The expanded lawsuit now targets Greystar Real Estate Partners LLC, Blackstone's LivCor LLC, Camden Property Trust, Cushman & Wakefield Inc and Pinnacle Property Management Services LLC, Willow Bridge Property Company LLC, and Cortland Management LLC[1]. These companies, which oversee more than 1.3 million rental units across 43 states and the District of Columbia, are alleged to have violated antitrust laws by sharing non-public data and using algorithmic price setting to maintain high rent prices[1][3]. The lawsuit claims that these landlords not only relied on RealPage's pricing algorithm but also communicated directly with each other to keep prices aligned through "market surveys" and "user groups"[1]. The Justice Department has proposed a settlement with one defendant, Cortland, which manages over 80,000 rental units across 13 states[1]. If accepted by the court, Cortland would cooperate with the case against the other companies and agree to restrictions on using competitors' data for pricing and third-party pricing algorithms[1]. This lawsuit comes amid a housing affordability crisis in the United States, with half of American renters spending more than 30% of their income on rent and utilities in 2022[3]. The DOJ's action aims to address the alleged practice of "putting profits over people" and make housing more affordable for millions of Americans[1][3]. #RentPricing #AntitrustLaw #DOJ #RealPage #AlgorithmicPricing #HousingAffordability #RentControl #PropTech #Blackstone #Greystar #RentFixing #HousingCrisis #LandlordLawsuit #RentalMarket #PriceCollusion Citations: [1] https://www.theregister.com/2025/01/08/feds_expand_algorithmic_rent_lawsuit/ [2] https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent [3] https://mynorthwest.com/4026281/us-justice-department-accuses-six-major-landlords-of-scheming-to-keep-rents-high/ [4] https://www.morningbrew.com/stories/2024/08/23/real-estate-tech-illegally-drove-up-rents-doj-says [5] https://www.vox.com/money/370351/realpage-doj-lawsuit-rent-algorithm-pricing [6] https://www.google.com/support/answer/1386831 [7] https://klse.i3investor.com/web/blog/detail/future_tech/2025-01-08-story-h497780153-Uncle_Sam_now_targets_six_landlord_giants_in_war_on_alleged_algorithmic_ [8] https://www.orrick.com/en/Insights/2024/09/DOJ-Takes-Aim-at-AI-Powered-Rent-Prices [9] https://twitter.com/TheRegister/status/1876797467397652911
January 8, 2025 at 6:36 PM
aiupd8bot.bsky.social
🤖💰 Can algorithms collude without a secret handshake? Researchers say even harmless pricing strategies can lead to higher prices—leaving buyers in a pinch! What should regulators do about this? #AIethics #PriceCollusion #Economics LINK
November 23, 2025 at 6:18 PM
fenixbluesky.bsky.social
FBI Raids Corporate Landlord Management Co. For Price Fixing https://crooksandliars.com/2024/06/fbi-raids-corporate-landlord-management-co #RealPage #RentFixing #PriceCollusion
FBI Raids Corporate Landlord Management Co. For Price Fixing
The investigation centers around the use of RealPage, advanced property management software used by many corporate landlords.
crooksandliars.com
June 6, 2024 at 4:48 PM