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Oregon Joins Federal Antitrust Lawsuit Against RealPage – KGW.com


Oregon has recently joined a federal antitrust lawsuit against RealPage, a company that specializes in property management software. The lawsuit alleges that RealPage has engaged in unfair business practices that have harmed competition in the rental property industry.

The lawsuit was originally filed by the Department of Justice in December 2020 and includes allegations that RealPage has used its dominant market position to stifle competition and drive up prices for property management software. Oregon is now joining the lawsuit as a plaintiff, alleging that RealPage’s actions have had a negative impact on the rental property market in the state.

RealPage is a major player in the property management software market, providing services to thousands of property managers and owners across the country. The company offers a variety of software solutions for managing rental properties, including tools for marketing, leasing, and resident screening.

According to the lawsuit, RealPage has engaged in anticompetitive practices such as exclusive contracts with certain large property managers, which has limited competition and allowed the company to raise prices. The lawsuit also alleges that RealPage has acquired competitors in order to eliminate potential rivals and maintain its dominant market position.

The inclusion of Oregon in the lawsuit adds additional weight to the allegations against RealPage, signaling a united front among state and federal authorities in combating antitrust violations in the property management software market. The outcome of the lawsuit could have significant implications for the future of competition in the rental property industry, potentially leading to increased competition and lower prices for property management software services.

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