Justice Dept. Settles with Greystar to End Participation in Algorithmic Pricing
The Justice Department’s Antitrust Division filed a proposed settlement today to resolve the United States’ claims against Greystar Management Services LLC as part of its ongoing enforcement against algorithmic coordination and other anticompetitive practices in rental markets across the country. Greystar, the largest landlord in the United States, manages almost 950,000 rental units across the country. As alleged in Plaintiffs’ complaint, Greystar and other landlords, including five co-defenda