Outside of regular investigative equipment like reviewing inner documents, the government commissioned info experts to research the code RealPage depends on to established rents, Jonathan Kanter, the head of the Justice Division’s antitrust division, said in a news conference Friday.
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“There’s no solitary issue accounting with the rise in rents, but I believe RealPage is really an underrated contributor.”
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The go well with escalates The federal government’s initiatives to manage what it suggests is misuse of technological know-how. Officials have sued Google, Amazon, Meta and Apple about the things they reported have been monopolistic behaviors that damage individuals.
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RealPage’s application, YieldStar, gathers private property data which is at the heart of the government’s fears. Landlords, who pay out to utilize the software, share details about rents and occupancy premiums that is certainly usually private.
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