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Court approves roughly $360 million settlement in RealPage rent-pricing antitrust case

1 report1 sourceupdated 3 hours ago

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AI digest

A November 7 report says a US federal court approved settlements in the RealPage algorithmic rent-pricing antitrust case, with payments to tenants totaling nearly $360 million. The settling companies admitted no wrongdoing or liability but agreed to stop giving RealPage nonpublic data for price recommendations and to stop using its revenue management system (RMS) to generate pricing advice from competitors' nonpublic data. The settlements do not affect claims against defendants that did not settle, and several similar state and local cases are ongoing.

Written by AI from the coverage · updated 1 hour ago

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Nov 7
  1. Hacker News front page
    RealPage rent-pricing case wraps with nearly $360M to renters

    美国联邦法院批准 RealPage 算法租金定价反垄断案的相关和解,向租户支付的和解金额合计近 $360M。参与和解的公司未承认过错或责任,但同意停止向 RealPage 提供用于价格建议的非公开数据,并停止以竞争对手非公开数据生成定价建议的方式使用其 RMS。和解不影响针对未参与和解被告的诉求,多起类似的州和地方案件仍在进行。

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