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Algorithmic Price Fixing Leads to Antitrust Class Action Lawsuit

Bason v. RealPage is a federal antitrust class action filed by renters who claim they paid inflated rental prices because the defendants' conspiracy to stifle competition. The complaint describes algorithmic price fixing where competitors set their prices jointly. ....

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RealPage, Apartment Giants Facing New Lawsuit Alleging Collusion In Student Housing Rent Pricing

Plaintiffs argue student housing operators colluded on pricing in secret through the company's YieldStar platform. ....

United States , Ann Arbor , Salt Lake City , Frealpage Yieldstar , Gabriel Navarro , Hagens Berman Sobol Shapiro , Cushman Wakefield , Dp Preiss Co , Us District Court , Ventures Global Services , Equity Residential , Essex Property , Lincoln Property Co , University Of Washington , Bh Management Services , Michaels Organization , Security Properties , Cardinal Group Holdings , Greystar Real Estate Partners , Multifamily Dive , Campus Advantage , Global Services , Essex Property Trust , Southern District , Cushman Amp Wakefield , Greystar Real Estate Partners ,

One company's algorithm is driving rents higher and higher across the country

This story was originally published by ProPublica. On a summer day last year, a group of real estate tech executives gathered at a conference hall. ....

New York , United States , Space Needle , Pike Place Market , Dana Jones , Steve Winn , Ryan Kimura , Jeffrey Roper , James Nelson , Nicole Lott , Kaylee Hutchinson , Ben Teresa , Amanda Tolep , Kortney Balas , Realpage Jay Parsons , Maureenk Ohlhausen , Maurice Stucke , Donald Davidoff , Andrew Bowen , Jay Parsons , Thoma Bravo , Tami Drougas , John Stepan , Lincoln Property Company , Alaska Airline , University Of Tennessee ,