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Politico: DOJ Escalates Price-Fixing Probe On Housing Market

Politico, March 30, 2024, DOJ Escalates Price-Fixing Probe On Housing Market

The Justice Department is expanding its probe of the rental housing market, opening a criminal investigation of a top developer of property pricing software and some of its customers, according to four people with knowledge of the matter.

The DOJ is looking into the possibility that RealPage is facilitating price-fixing among some of the large residential property owners and management firms that use the company’s product, according to the people, who were granted anonymity to discuss a confidential matter.

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