The Justice Department filed a civil antitrust lawsuit against RealPage Inc. for its alleged scheme to decrease competition among landlords in apartment pricing and monopolize the market for commercial revenue management software used by landlords to price apartments. The department asserts that RealPage's conduct deprives renters of competitive leasing terms, impacting millions of Americans.
Attorney General Merrick B. Garland, Deputy Attorney General Lisa Monaco, Acting Associate Attorney General Benjamin C. Mizer, and Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division announced the lawsuit at a press conference.