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Justice Department accuses software company RealPage of violating antitrust laws through scheme to hike rents

Economic Times

Economic Times · 10m ago

Justice Department accuses software company RealPage of violating antitrust laws through scheme to hike rents

The Justice Department has filed an antitrust lawsuit against real estate software company RealPage Inc., alleging that it is involved in an illegal scheme allowing landlords to coordinate rental price increases. The lawsuit claims that RealPage's algorithm enables landlords to align their prices and avoid competition, resulting in higher rents. Attorneys general from various states have separately sued RealPage over its algorithmic pricing software, accusing the company of price-fixing. RealPage has defended its practices and stated that the claims are without merit. This lawsuit is part of the Biden administration's active efforts to enforce antitrust laws.

Related News

US Justice Department to announce antitrust action

Reuters · 1y ago

US Justice Department to announce antitrust action

The U.S. Department of Justice has announced that it will make an antitrust announcement later today, without providing any further details. Attorney General Merrick Garland, Deputy Attorney General Lisa Monaco, and other officials will hold a press conference to announce the action. It is reported that the department is preparing to sue Apple for allegedly violating antitrust laws by blocking competitors from accessing certain features of its iPhone.

How Google defended itself in the ad tech antitrust trial

Economic Times

Economic Times · 9m ago

How Google defended itself in the ad tech antitrust trial

Google has wrapped up its defense against claims of advertising software monopoly in a federal antitrust trial. The Justice Department and state attorneys general accuse Google of abusing control over ad technology and violating antitrust laws. However, Google's lawyers argued that the ad tech industry is highly competitive and accused the government of ignoring rivals such as Facebook, Microsoft, and Amazon. The company's defense centered on justifying its actions, arguing that its products brought transparency and more revenue for publishers. Google also claimed it helped combat ad fraud and spam, and that publishers and advertisers have plenty of choice in their advertising tools.

Tech giant SAP asks US Supreme Court to reconsider rival's antitrust win

Economic Times

Economic Times · 1m ago

Tech giant SAP asks US Supreme Court to reconsider rival's antitrust win

SAP has petitioned the U.S. Supreme Court to review a decision allowing Teradata's antitrust lawsuit against it to proceed. Teradata accuses SAP of tying sales of certain applications to a crucial database purchase, violating antitrust laws. Initially dismissed, the lawsuit was reinstated by the 9th Circuit Court of Appeals. SAP argues this integration benefits consumers and seeks clarity on antitrust standards, highlighting potential impacts on American tech innovation. The Supreme Court's decision remains awaited.

Judge rules Google will not face jury trial in US digital ads case

Economic Times

Economic Times · 1y ago

Judge rules Google will not face jury trial in US digital ads case

Google will not face a jury trial over alleged digital advertising dominance as it paid $2.3 million to cover the U.S. government's claim of monetary damages. The payment allows Google to avoid a jury trial, which would have been the first-ever in a civil antitrust case brought by the U.S. Justice Department. The lawsuit accuses Google of unlawfully monopolizing digital advertising and overcharging users. Google denies wrongdoing and claims that the damages claim by the Department of Justice has "disintegrated". The non-jury trial is scheduled for September 9th.

Apple asks US judge to toss antitrust lawsuit

Economic Times

Economic Times · 11m ago

Apple asks US judge to toss antitrust lawsuit

Apple has requested a U.S. judge to dismiss a lawsuit filed by federal and state antitrust regulators, arguing that the case would force the company to redesign its popular iPhone. The lawsuit, filed by the Justice Department and several states, accuses Apple of monopolizing the smartphone market through contractual restrictions and limiting access for developers. Apple claims that placing reasonable limitations on third-party access to its technology does not constitute anti-competitive behavior and that sharing technology with competitors would stifle innovation. The case is part of a series of major antitrust lawsuits against Big Tech companies.

Japan's antitrust watchdog to find Google violated law in search case, Nikkei Asia reports

Economic Times

Economic Times · 6m ago

Japan's antitrust watchdog to find Google violated law in search case, Nikkei Asia reports

Japan's competition watchdog, the Japan Fair Trade Commission (JFTC), is expected to accuse Google of violating antitrust laws in the country. The JFTC is set to issue a cease and desist order, demanding Google to end its monopolistic practices. This comes after similar investigations were launched in Europe and other major economies. Google's Chrome browser, widely used around the world, plays a crucial role in its business by providing user information for targeted advertising. Meanwhile, the US Department of Justice has also recently argued that Google should divest its Chrome browser to end its search monopoly.

US sues Apple, alleges tech giant exploits illegal monopoly

Livemint

Livemint · 1y ago

US sues Apple, alleges tech giant exploits illegal monopoly

The US Justice Department has sued Apple, alleging that the tech giant violated antitrust laws by blocking software developers and gaming companies from offering better options on the iPhone, leading to higher prices for consumers. The lawsuit claims that Apple used its control over the iPhone to prevent competitors from offering innovative services and limited the functionality of competing hardware products. Apple plans to defend against the lawsuit vigorously, stating that it would hinder their ability to create technologically advanced products. This case follows antitrust lawsuits against other tech giants, including Amazon, Google, and Meta Platforms.

Apple met with DOJ officials to avoid antitrust lawsuit

Economic Times

Economic Times · 1y ago

Apple met with DOJ officials to avoid antitrust lawsuit

Apple recently met with U.S. Justice Department officials to try and avert an antitrust lawsuit against the company. Antitrust enforcers have been investigating Apple since 2019 and claim that the tech giant has implemented software and hardware restrictions on its iPhones and iPads to hinder competition. Apple representatives met with Assistant Attorney General Jonathan Kanter to make their case, and a decision on whether to file a lawsuit could be made by the end of March. Both Apple and the Justice Department declined to comment on the matter.

Microsoft CEO Says AI Could Only Tighten Google's Stranglehold on Search

Startup News FYI

Startup News FYI · 1y ago

Microsoft CEO Says AI Could Only Tighten Google's Stranglehold on Search

Microsoft CEO Satya Nadella testified against Google's dominance in the search space, expressing concerns that competing with Google in the AI age would become even harder. Nadella emphasized that defaults drive user behavior, stating that users may have choice but won't switch from Google. Microsoft tried to entice Apple to switch Safari's default search engine to Bing but was unsuccessful. The Department of Justice (DOJ) has filed a civil antitrust lawsuit against Google for monopolizing digital advertising technologies and manipulating auctions. The lawsuit accuses Google of subverting competition and protecting its monopoly through exclusive deals.

Google to face US antitrust trial over digital ads in September

Economic Times

Economic Times · 1y ago

Google to face US antitrust trial over digital ads in September

A U.S. federal judge has set a September 9, 2024, date for the start of a jury trial in the antitrust lawsuit filed against Google by the U.S. Justice Department and a coalition of states. The lawsuit accuses Google of monopolizing the digital advertising market and calls for the company to sell its ad manager suite. Google denies the allegations and warns that a successful lawsuit would impede innovation and harm small businesses. Google also faces other antitrust trials, including one in Texas and another in Washington, D.C.

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