Yardi’s rent-setting software illegally drove rent prices up for millions of renters: lawsuit
Housing Wire
SEPTEMBER 11, 2023
accusing them of violating antitrust laws. By outsourcing the management of rental pricing to RENTmaximiser, Yardi’s rent-setting tool, property management companies failed in complying with the antitrust laws, according to the lawsuit. Yardi marketed its tools to rental companies as a method to “beat the market” and maximize profits.
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