PriceFixing

Historic Settlement Reached in Loblaw Bread Price-Fixing Scandal, Claims Lawyer

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Toronto, Canada — The recent settlement in a class-action lawsuit against Loblaw Companies Limited, regarding allegations of price-fixing on bread, is being hailed as the largest of its kind in Canadian history. The monumental agreement was announced by legal representatives involved in the case, showcasing a significant development in consumer rights within the nation. The lawsuit, which has spanned several years, accused Loblaw of conspiring with other bread producers to manipulate prices, which ultimately affected millions of Canadians. Legal experts have noted that this settlement underscores the importance of accountability in corporate practices and the … Read more

Major Colleges Accused in $685 Million Lawsuit for Alleged Tuition Price-Fixing Scheme

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A recent lawsuit alleges that a consortium of prestigious U.S. colleges and universities engaged in a price-fixing scheme that led to students being overcharged by approximately $685 million. Filed in a Chicago federal court, the complaint accuses 16 prominent institutions of limiting financial aid through an unfair collaboration, potentially violating antitrust laws designed to protect competition and prevent monopolistic behaviors. The universities named include Yale, Georgetown, Columbia, and Northwestern among others. Collectively, these schools have historically prided themselves on offering need-blind admissions, which means that a student’s financial situation is not considered when deciding admission. … Read more

Charlotte Faces Rent Hike Allegations Amid Federal Price-Fixing Lawsuit Against Software Giant RealPage

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Charlotte, N.C. — In an innovative legal challenge highlighting the evolving intersection of technology and antitrust laws, the U.S. Justice Department has filed a lawsuit against RealPage, a software company accused of artificially inflating apartment rents through its advanced data algorithms. This suit, alleging price fixing, claims the company has violated antitrust laws by manipulating rental price recommendations across several U.S. metropolitan areas, including Charlotte. The federal suit contends that RealPage’s software collects sensitive rental data from apartment managers and uses this to set higher rental prices than the market would typically dictate. This is … Read more

Justice Department Targets RealPage Inc. in Lawsuit, Alleging Rent Price-Fixing Scheme Using Advanced Algorithms

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WASHINGTON — The U.S. Justice Department has launched a significant legal battle against RealPage Inc., a prominent real estate software firm, for allegedly manipulating rental market prices through its pricing algorithm. In a concerted effort with multiple state attorneys general from regions including North Carolina and California, the federal agency has charged the company with breaching antitrust laws, potentially leading to unjustifiably high rents for millions of Americans. According to the lawsuit, RealPage’s platform enables landlords nationwide to synchronize their rental pricing strategies, diminishing the competitive practices that typically help keep housing costs in check. … Read more