RealPage, residential landlords accused of rental price fixing by Maryland AG
( January 15, 2025, 19:50 GMT | Official Statement) -- MLex Summary: RealPage and six of Maryland's largest residential landlords conspired to illegally raise rents for hundreds of thousands of renters in the Washington-Arlington-Alexandria and Baltimore-Columbia-Towson metro areas through a price-fixing conspiracy utilizing competitively sensitive information and RealPage's revenue management software, according to a lawsuit filed by the Maryland Attorney General. The use of RealPage's software across more than 100,000 Maryland apartments "leaves many residents with no choice but to pay RealPage's inflated rents, worsening the state's ongoing affordable housing crisis," the Maryland AG said in a statement.See attached documents....
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