Search Results for keywords:"Sherman Act"

The United States Department of Justice, along with several states, filed a lawsuit against RealPage, Inc. and several landlord companies, claiming they violated antitrust laws. The lawsuit alleges that these companies used RealPage's software to share sensitive rental information to influence and align rental prices, reducing competition and leading to higher rents for tenants. As part of a proposed settlement, Cortland Management, one of the defendants, agreed to stop using RealPage's software and instead use its own revenue management system without sharing sensitive data. The settlement aims to prevent Cortland from engaging in similar anticompetitive behavior in the future.

The Federal Trade Commission (FTC) has accepted a proposed consent agreement to address anticompetitive practices by Guardian Service Industries, Inc. The company was found to have used "No-Hire Agreements" that prevented other businesses from hiring its employees, which the FTC claims are unfair methods of competition under federal law. The proposed consent order will make these agreements void and includes measures to inform affected parties. Some FTC commissioners have expressed dissent, arguing that there was insufficient evidence of antitrust violations. The public can submit comments on this proposed agreement until January 6, 2025.

The Federal Trade Commission (FTC) is seeking public comments on a proposed consent agreement with Planned Companies, related to alleged anti-competitive practices. The agreement addresses the use of "No-Hire Agreements" by Planned Companies, which restricted other businesses from hiring their employees, potentially violating competition laws. The proposed order requires Planned Companies to stop enforcing these agreements and inform both their customers and employees that the restrictions are no longer valid. Public comments are open until February 5, 2025, and the FTC will use the feedback to decide whether to finalize the order.