A settlement with algorithmic collusion facilitator RealPage allows it to keep allegedly ill-gotten profits and continue innovating to raise rents.
RealPage
Posted inPolitics
Colorado’s Governor Greenlights Price-Fixing Algorithms
Democrats in Colorado’s legislature unanimously passed a bill reining in price-fixing software like RealPage. Once again, Gov. Jared Polis broke away from his party and vetoed it.
Posted inEconomic Policy
When the Government Actually Governs
The Biden administration’s antitrust agencies are hitting the tape with new rules and enforcement actions.
Posted inHousing
Look for the Tenant Union
Those caught in the crossfire of corporate landlords and financial engineering need a regulatory agenda to protect them.
Posted inEconomic Policy
Three Events That Speak to the Harris Economic Agenda
The Mars-Kellanova merger, the Kroger-Albertsons court case, and the monopolization lawsuit against RealPage all bolster her case against price-fixing.
Posted inVideos
The Prospect Weekly Roundup: Their Whole Racket Does Not Work
Our investigations editor takes us through some of the biggest scams of the week.
Posted inHousing
How an ‘Algorithm’ Turned Apartment Pools Green
RealPage, the rent-fixing software company currently under FBI investigation, also has apps for bogus fees, monetizing vacant apartments and inflating toxic property bubbles.
Posted inEconomic Policy
Three Algorithms in a Room
A growing number of industries are using software to fix prices. Law enforcers are beginning to fight back.
Posted inHousing
Scandal-Plagued Rent-Setting Software Execs Presented as Neutral Experts
Amid an ongoing Department of Justice inquiry, the Texas-based real estate tech company RealPage is prized for its analysis in mainstream media.
Posted inMoney, Politics, and Power
The Week Corporate Power Started to Dissipate
Aggressive antitrust enforcement is starting to notch some victories.