Justice Department Orders RealPage to Stop Sharing Sensitive Competition Data and Stop Price Coordination

The U.S. Justice Department’s Antitrust Division has proposed a settlement to address allegations against RealPage Inc., a major provider of software for rental housing management. This move aims to curb practices that undermine fair competition in the rental market, protecting millions of consumers nationwide.

RealPage’s revenue management software has been accused of sharing nonpublic, competitively sensitive information among landlords to help set rental prices. The software also included features that prevented price drops and aligned pricing strategies among competing companies. Additionally, meetings hosted by RealPage allegedly involved sharing confidential market information with competitors, raising antitrust concerns.

If the court approves the settlement, RealPage must implement several changes. These include stopping the use of competitors’ private data during automated pricing operations, limiting the training of its algorithms to older, nonpublic data at least a year old, and broadening geographic pricing models to state-level markets. The company will also be required to remove features that restrict price decreases or promote pricing alignment, cease conducting market surveys that gather sensitive information, and prohibit discussing nonpublic market data or pricing strategies in company meetings.

Furthermore, RealPage must accept a court-appointed monitor to ensure compliance and cooperate with ongoing litigation against property management firms that have used its software improperly.

The settlement, part of the Tunney Act, will be published for public comment in the Federal Register. Interested parties have 60 days to submit feedback. Final approval will depend on whether the court finds the settlement serves the public interest.

Headquartered in Richardson, Texas, RealPage provides revenue management solutions to the rental housing sector and has faced scrutiny for alleged anti-competitive practices.

Updated November 24, 2025

**Frequently Asked Questions (FAQs)**

Q: What is the primary issue addressed in this settlement?
A: The settlement aims to prevent RealPage from sharing sensitive competitive data and engaging in price coordination practices that harm fair market competition.

Q: What changes must RealPage make if the settlement is approved?
A: RealPage must stop using competitors’ private data during automatic pricing, limit algorithm training to older data, redesign features that restrict price drops, and refrain from sharing or discussing confidential market information.

Q: Why is this settlement important?
A: It promotes competitive fairness in the rental housing market, preventing companies from colluding through software and data sharing, ultimately benefiting consumers through better pricing.

Q: How can the public participate in the approval process?
A: The public can submit comments within 60 days after the settlement is published in the Federal Register to express support or concerns before final court approval.