RALEIGH, N.C. (WPTF) – North Carolina Attorney General Jeff Jackson announced a settlement with a major landlord accused of illegally fixing rent prices using cutting-edge technology. Landlords were using RealPage, a property management software provider known for AI-powered solutions and services that has allegedly exploited landlords’ competitively sensitive information creating a pricing algorithm that inflated rent prices and violated antitrust laws. A settlement was reached with Cortland Management LLC, where they agreed to spot using sensitive data from its competitors. … Continue Reading
