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U.S. DOJ files proposed consent decree to resolve claims against LivCor
Yahoo Finance· 2025-12-25 11:45
Core Viewpoint - The Justice Department's Antitrust Division has filed a proposed consent decree to address anticompetitive practices by LivCor, a Blackstone portfolio company, in the rental market [1] Group 1: Proposed Consent Decree Requirements - LivCor must refrain from using any anticompetitive algorithms that generate pricing recommendations based on competitors' sensitive data or that include certain anticompetitive features [1] - LivCor is required to avoid sharing competitively sensitive information with competitors [1] - The company must accept a court-appointed monitor if it utilizes a third-party pricing algorithm that is not certified under the consent decree [1] Group 2: Participation and Cooperation - LivCor is prohibited from attending or participating in meetings hosted by RealPage that involve competing landlords [1] - The company is expected to cooperate with the United States' claims against other defendants involved in similar anticompetitive practices [1]