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The Department of Justice and the real estate platform RealPage just made a deal, and since it doesn’t completely dismantle RealPage, it’s not going to be seen as a total victory for tenants who hate RealPage. But it’s something, and it will most likely weaken the platform’s power to raise rents, as it will now be prevented from shuffling together nonpublic information from competing landlords when setting prices.
According to the New York Times RealPage still denies having…
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The Department of Justice and the real estate platform RealPage just made a deal, and since it doesn’t completely dismantle RealPage, it’s not going to be seen as a total victory for tenants who hate RealPage. But it’s something, and it will most likely weaken the platform’s power to raise rents, as it will now be prevented from shuffling together nonpublic information from competing landlords when setting prices.
According to the New York Times RealPage still denies having…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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