US Sues Cushman & Wakefield, Other Landlords Over Alleged Rental Price Coordination
(Reuters) -Cushman & Wakefield was among six large landlords sued by the U.S. Department of Justice over alleged anticompetitive practices in housing rental markets on Tuesday, expanding the DOJ's first case alleging algorithmic collusion.
Renters in Charlotte are reacting to the news that six landlords have been accused of using artificial intelligence to raise ...
Six of the country’s most powerful landlords were named in a lawsuit brought forth by the U.S. Justice Department. Blackstone ...
Attorneys generals from 10 states also joined the suit, claiming the companies hurt "millions of American renters." ...
ABC 13 Houston on MSN9h
Department of Justice files lawsuit against 6 of nation's largest landlords for price fixingOn Tuesday, the DOJ filed an antitrust lawsuit against six major landlords. It accuses them of working together to keep rent prices high.
The real estate companies kept rents high with RealPage's software and by sharing information, the antitrust complaint says.
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