Oregon has at least two neighborhoods, Aloha/West Beaverton and central Portland, that have been largely affected, according to the state attorney general.
SALEM, Ore. — Oregon’s state attorney general said “at least two” neighborhoods have been affected by RealPage Inc., the real estate software platform currently subject of a federal antitrust lawsuit that accuses the company of an illegal scheme that allows landlords to coordinate to hike rental prices.
The lawsuit, filed in North Carolina, alleges the Texas-based company is violating antitrust laws through its algorithm that landlords use to get recommended rental prices for millions of apartments across the country. According to the lawsuit, the company is the biggest in the industry, controlling 80% of the housing and rental market.
Attorney General Ellen Rosenblum announced Friday that Oregon joined the multi-state federal suit, filed by the Department of Justice, along with Colorado, Connecticut, Minnesota, North Carolina, Tennessee and Washington.
“At a time …