Rekubit Exchange|The lawsuit that could shake up the rental market

2025-05-06 04:31:35source:Oliver James Montgomerycategory:Scams

A number of lawsuits against Texas-based company RealPage are Rekubit Exchangeputting increased attention on how algorithms can interact with the rental market. In the lawsuit, RealPage is accused of facilitating a cartel between major property managers that results in higher prices for renters and increased profits for landlords who use RealPage's software. RealPage, however, denies any wrongdoing.

Today on the show, we dive into the details of the lawsuit and explain why this case challenges typical notions of cartel behavior.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Scams

Recommend

Newly elected West Virginia lawmaker arrested and accused of making terroristic threats

CHARLESTON, W.Va. (AP) — A newly elected state lawmaker in West Virginia is facing at least one felo

Scammers are swiping billions from Americans every year. Worse, most crooks are getting away with it

The scammers are winning.Sophisticated overseas criminals are stealing tens of billions of dollars f

Trump asks judge to halt documents case after Supreme Court immunity ruling

Washington — Former President Donald Trump and his legal team asked the federal judge overseeing the