D.C. Landlords Agree to $9.3M RealPage Settlements

JBG Smith and Mid-America Apartments have agreed to pay the District of Columbia a combined $9.3 million to resolve antitrust claims involving RealPage rent-pricing software. The companies denied liability but accepted restrictions on nonpublic competitor data, automated pricing features, information sharing and promotion of revenue-management software. JBG Smith’s principal restrictions last 10 years, while Mid-America Apartments’ restrictions last eight years.