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DOJ v. RealPage

DOJ v. RealPage Inc. (Algorithmic Rent Pricing Antitrust)

OngoingGreystar portion: Undisclosed (approved March 2, 2026)Government Investigations
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Quick Facts

Filed

August 2024

Jurisdiction

Federal

Plaintiff Firm

U.S. Department of Justice

Next Milestone

DOJ proposed settlement with RealPage pending final approval; private lawsuits continue

Key Issue

RealPage's revenue management software (YieldStar) allegedly used competitively sensitive, nonpublic data from competing landlords to coordinate rental prices, effectively fixing rents across millions of apartment units nationwide

Industry Impact

Landmark government action against algorithmic pricing in the rental market; DOJ proposed settlement with RealPage in November 2025; Greystar (largest U.S. apartment operator) settlement approved March 2026; private class actions continue

Case Timeline
Key events and milestones in this case

DOJ Files Antitrust Lawsuit

August 2024

Department of Justice files antitrust lawsuit against RealPage alleging its revenue management software facilitated price-fixing among competing landlords

DOJ Proposes Settlement with RealPage

November 2025

DOJ files proposed consent decree with RealPage; public comment period opens

DOJ Responds to Public Comments

February 9, 2026

DOJ files response to public comments defending the proposed RealPage settlement; Federal Register publication

Greystar Settlement Approved

March 2, 2026

Federal judge approves settlement between DOJ and Greystar Real Estate Partners, the nation's largest apartment operator, resolving algorithmic rent-fixing claims

Private Lawsuits Continue

March 2026

Despite DOJ settlement, private class action lawsuits against RealPage and landlords continue; state legislatures enacting laws to ban algorithmic rent pricing software

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