DOJ and State Attorneys General Settle Landmark Algorithmic Price-Fixing Case Against RealPage
The U.S. Department of Justice (DOJ) and a coalition of state Attorneys General have secured significant settlements in their landmark algorithmic price-fixing litigation against Texas-based software provider RealPage, Inc. and several major residential landlords. In a major development on July 6, 2026, the DOJ announced a proposed settlement with Willow Bridge Property Company LLC, one of America's largest landlords, resolving claims of information sharing and algorithmic coordination.
This settlement builds on previous consent decrees obtained against RealPage itself and three other major landlords: Cortland Management LLC, Greystar Management Services LLC, and LivCor LLC.
The DOJ's complaints allege that these landlords participated in a "hub-and-spoke" conspiracy, feeding nonpublic, competitively sensitive rental data into RealPage’s AI-driven pricing algorithms to artificially inflate rents and suppress competition across the United States.
"Affordability for American consumers is only achieved when competition thrives, which requires companies to make independent pricing decisions," said Associate Attorney General Stanley Woodward. "Companies cannot share sensitive data and manipulate AI tools or algorithms to produce market aligned pricing.1 That is not only illegal, but exploitative of Americans’ everyday housing needs. This Department will not stand for it."
Under the terms of the proposed consent decree, Willow Bridge is prohibited from using any pricing algorithm that relies on competitors' sensitive data or incorporates anticompetitive features. It must also refrain from sharing sensitive information with rivals, accept a court-appointed monitor if non-certified third-party algorithms are used, and cooperate with the ongoing prosecution of remaining defendants.
“Corporate landlords have been destabilizing the rental housing market for too long,” said Deputy Assistant Attorney General Nicole Sarrine of the Justice Department’s Antitrust Division. “The Antitrust Division will remain proactive in taking affirmative measures to stop pricing algorithms from harming renters.”
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An instance of Dynamic pricing algorithms can no longer ingest competitor data without triggering explicit antitrust collusion. — The DOJ settlement with RealPage and Willow Bridge establishes that feeding non-public competitor data into shared pricing algorithms constitutes unlawful, anti-competitive coordination. ↩︎