this post was submitted on 23 Aug 2024
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  • The Department of Justice accused software company RealPage of unlawfully scheming to undermine competition among landlords and create a monopoly that harms millions of renters.
  • RealPage “allows landlords to manipulate, distort, and subvert market forces,” the Justice Department said in the federal civil antitrust lawsuit.
  • Attorney General Merrick Garland said, “Everybody knows the rent is too damn high, and we allege this is one of the reasons why.
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[–] uberdroog@lemmy.world 29 points 2 months ago (3 children)

"Allows landlords to manipulate.." What are we saying? They shuffle the responsibility of being an asshole onto the software? End of the day landlords were greedy bitch's.

[–] Empricorn@feddit.nl 35 points 2 months ago

I mean, colluding with your competition to keep prices high is against the law. Yeah, they may still call their buddy across town and (illegally) coordinate what price to set the rent at, but the impact of that, vs a business that's incentivized to keep all prices high to the benefit of them and landlords!? Not even close...

[–] dhork@lemmy.world 12 points 2 months ago

They shuffle the responsibility of being an asshole onto the software?

That's quite literally it. It's much easier to raise rents when the magic computer tells you to do it. Then no human in your organization actually has to take responsibility for the decision.

[–] lolcatnip@reddthat.com 7 points 2 months ago* (last edited 2 months ago)

I don't see the problem here. Yes, I'd rather see landlords themselves punished for price fixing, but that's unlikely to happen because it involves prosecuting a huge number of defendants on charges that are hard to prove. Depriving them of software that's tailor made to facilitate price fixing seems like a good first step. Who knows, a successful suit against the software company could end to making it a lot easier to sue the landlords who used it.

[–] Shirasho@lemmings.world 15 points 2 months ago

If you want more reasons to hate landlords head over to the r/landlords subreddit. The people there are some of the nastiest, heartless people you will ever see.

[–] Empricorn@feddit.nl 8 points 2 months ago

This is great! Actual work being done on the sky-high rent prices.

[–] reddig33@lemmy.world 6 points 2 months ago (1 children)

Has this guy won any of the high profile cases he’s brought to DOJ?

[–] Atom@lemmy.world 29 points 2 months ago* (last edited 2 months ago)

In 2024, the DOJ has collected over a billion dollars in plea agreements across 3 of the 6 cases brought. The other 3 appear to be unsettled.

https://www.justice.gov/criminal/related-enforcement-actions-2024

[–] homesweethomeMrL@lemmy.world 6 points 2 months ago (1 children)

Yeah, now where’s my unredacted Mueller Report you fuck.

[–] BetaBlake@lemmy.world 8 points 2 months ago (1 children)

If Kamala wins, I hope she chooses somebody with some more teeth as the AG. I like Doug Jones personally

[–] lolcatnip@reddthat.com 3 points 2 months ago

I love his work in Star Trek Discovery.

[–] MediaBiasFactChecker@lemmy.world -2 points 2 months ago (1 children)

CNBC - News Source Context (Click to view Full Report)Information for CNBC:

MBFC: Left-Center - Credibility: High - Factual Reporting: Mostly Factual - United States of America
Wikipedia about this source

Search topics on Ground.Newshttps://www.cnbc.com/2024/08/23/doj-realpage-landlord-rent-collusion-antitrust.html
Media Bias Fact Check | bot support

[–] jwt@programming.dev 1 points 2 months ago

This one is still net positive?! Lemmy's voting system must be malfunctioning or something.