In the Headlines
September 19, 2024
DOJ Lawsuit Against RealPage Forcing Change in How Landlords Price Rents
Bisnow
Antitrust attorney Kenneth Racowski was quoted in a Bisnow article analyzing the impact of the U.S. Department of Justice's (DOJ) antitrust lawsuit against RealPage on the multifamily industry's rent-setting practices. The article discussed how apartment landlords and managers are moving away from revenue management software that uses private information to determine rental rates, opting instead for publicly available data sources. Mr. Racowski commented on the shift in the industry and highlighted potential legal implications of using proprietary data for pricing.
"The most conservative risk-mitigation advice is not to use revenue management software that uses confidential nonpublic information," he said.
READ: DOJ Lawsuit Against RealPage Forcing Change in How Landlords Price Rents (Subscription required)
"The most conservative risk-mitigation advice is not to use revenue management software that uses confidential nonpublic information," he said.
READ: DOJ Lawsuit Against RealPage Forcing Change in How Landlords Price Rents (Subscription required)