DOJ, 8 State AGs Sue RealPage for Alleged Sherman Act Violations in Algorithmic Pricing Scheme
The 110-page document contends that RealPage, which is based in Richardson, Texas, and is owned by private equity firm Thoma Bravo, violated Sections 1 and 2 of the Sherman Act and “has built a business out of frustrating the natural forces of competition.” Counsel has yet to appear for the defendant.