U.S. Expands RealPage Price-Fixing Lawsuit to Include Six Big Landlords

Antitrust attorney David Kully was quoted in an article published by The Wall Street Journal recapping the latest developments in the federal government's lawsuit against real estate software company RealPage. The U.S. Department of Justice (DOJ) filed an amended complaint adding six major apartment landlords as defendants, alleging the companies used RealPage's pricing algorithm to engage in illegal price-fixing through sharing confidential information and artificially raising rents. The move comes weeks before President-Elect Donald Trump takes office, marking one of the last opportunities for the Biden Administration to push its regulatory agenda. However, industry professionals including Mr. Kully, who spent 18 years at the DOJ's Antitrust Division, say they don't expect antitrust enforcement to slow under the new administration.

"I wouldn't expect to see a big shift in the enforcement posture," he remarked.

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