Will Chamberlain

In response to the news, Senator Kelly is defiant.

The news of this investigation, he wrote this as a statement, quoted, this is meant to intimidate me and other members of Congress from doing our jobs and holding this administration accountable.

It won't work.

I've given too much to this country to be silenced by bullies who care more about their own power than protecting the Constitution.

And so many more.

Download the Getter app now.

Today, we are proud to announce a big step in keeping our rental housing markets fair and competitive.

This Department of Justice has taken a major step in lowering the cost of rent in a settlement with RealPage.

Our settlement, combined with prior settlements with some landlords, is as good as any relief we would get from a court order after a lengthy and expensive trial.

And importantly, it brings that relief to American consumers now, not three years from now.

RealPage is an algorithmic pricing system that many large landlords use to coordinate rental prices instead of competing for tenants.

Landlords fed their confidential data into a shared algorithm that generated daily rent recommendations.

RealPage was replacing competition with coordination and renters paid the price.

We reached a settlement that stops RealPage from coordinating pricing with its customers.

Under the settlement, the company must stop using competitors' landlords' secret data to set rents in real time, and its software can no longer generate hyper-localized pricing that pushes rents up block by block, and RealPage must eliminate features that discourage landlords from lowering prices or that nudged competitors toward the same rent levels.

What does this mean for you and your family?

It means more real competition in local housing markets.

It means rents set by the market, not by a secret algorithm.

It is a win for renters, and it means more affordable options for Americans trying to make ends meet.

The cost of living is top of mind as we continue to do our important work at the Trump Antitrust Division.