DOJ Settles Antitrust Suit with RealPage Over Rental Pricing Software
The Department of Justice Antitrust Division reached a proposed settlement with RealPage Inc. on November 24, 2025, resolving allegations that the company's revenue management software violated the Sherman Act by using nonpublic, competitively sensitive data from landlords to recommend rental prices. The settlement, which requires court approval under the Tunney Act, imposes no financial penalties or liability admissions. Instead, it mandates that RealPage cease using competitors' nonpublic data for price recommendations, limit model training to historical data at least 12 months old, restrict geographic granularity to the state level, and implement compliance measures including a court monitor and antitrust policy.