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Xatolos@reddthat.com to News@lemmy.world · 10 months ago

U.S. Justice Department sues RealPage, alleging it enabled price-fixing on rents

www.cbsnews.com

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U.S. Justice Department sues RealPage, alleging it enabled price-fixing on rents

www.cbsnews.com

Xatolos@reddthat.com to News@lemmy.world · 10 months ago
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The DOJ alleges RealPage colluded with landlords to inflate rental housing prices, harming millions of Americans.
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  • Media Bias Fact Checker@lemmy.worldB
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    10 months ago
    CBS News - News Source Context (Click to view Full Report)

    Information for CBS News:

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

    Search topics on Ground.News

    https://www.cbsnews.com/news/realpage-lawsuit-price-fixing/

    Media Bias Fact Check | bot support

  • Got_Bent@lemmy.world
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    10 months ago

    It’s fine. Scotus will just say that the DOJ doesn’t have authority to file lawsuits without express congressional legislation on each individual matter.

    • dhork@lemmy.world
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      10 months ago

      The Founders didn’t say anything in 1789 about algorithmic price fixing, therefore we can’t restrict it now.

    • hddsx@lemmy.ca
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      10 months ago

      That’s stupid. There was no software at the time of founding and no precedence in England at the time. Therefore price fixing was never intended to be regulated.

  • KoboldCoterie@pawb.social
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    10 months ago

    So naturally they’re going to collect a shitload of money from them and the landlords using this scheme and use it to reimburse all of the people who were negatively affected by this illegal practice, right?

    …right?

  • MegaUltraChicken@lemmy.world
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    10 months ago

    It is literally fucking price fixing software. That’s what it does.

  • AliasAKA@lemmy.world
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    10 months ago

    Even if they don’t force a huge fine (arguably they should literally dissolve the company, sell any assets, equally distributing the proceeds to all employees), at least we can have a tiny step forward. Progress can come in fits and starts, and it can also come one tiny little slice at a time.

  • psycho_driver@lemmy.world
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    10 months ago

    They best not let Yardi off the hook. Those pukes are doing the exact same thing. Get the big property owners who were in on it too.

  • LEM 1689@lemmy.sdf.org
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    10 months ago

    USJD getting its slice of the grift.

  • Nurse_Robot@lemmy.world
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    10 months ago

    I have zero faith this will result in more affordable housing.

    • orcrist@lemm.ee
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      10 months ago

      You got to say the odds are low, but not zero.

    • psycho_driver@lemmy.world
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      10 months ago

      Yeah it probably won’t, but I’m all for inflicting any kind of pain possible upon the people responsible for this.

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