By Sean P. McConnell, Brian H. Pandya, Christopher H. Casey and Kirk Williams McLeod
On July 6, 2026, the U.S. Department of Justice’s Antitrust Division filed a proposed consent decree with Willow Bridge Property Company LLC in connection with its ongoing enforcement action against RealPage Inc. and several large property management companies. The settlement resolves allegations that Willow Bridge violated Section 1 of the Sherman Act by sharing competitively sensitive data with competitors through RealPage’s algorithmic pricing tools and by agreeing to align rental pricing with competing landlords. Under the proposed final judgment, the parties consented to the settlement’s entry without the taking of testimony, without trial or adjudication of any issue of fact or law, and without the final judgment constituting evidence against or an admission by any party as to any issue of fact or law in the action.
Read the full Alert on the Duane Morris LLP website.