The Department of Justice’s Antitrust Division has reportedly opened up an investigation into RealPage, the real estate technology company accused of contributing to higher-than-normal rent prices. According to a report from ProPublica, the DOJ is looking into whether the company’s rent-setting software allows landlords to coordinate and raise rent across the nation.
This comes after last month’s report from ProPublica, which revealed that RealPage’s YieldStar software uses an algorithm to...