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Justice Department sues software company for helping landlords raise rents across the country
The Department of Justice has announced it is suing a Texas software company for designing a program that helps landlords keep rent prices allegedly higher than they otherwise would. RealPage Inc., which sells and collects real estate data, used private information from landlords to train the company’s algorithm to set pricing recommendations, maximizing the amount landlords can charge, the suit alleges. Attorneys general in North Carolina, California, Colorado, Connecticut, Minnesota, Oregon,...