California officials are taking action against RealPage, a company accused of hindering competition and driving up rents through its revenue management software. The California Attorney General stated that RealPage's practices have made housing more difficult for millions. The company claims its technology benefits the rental market and plans to defend itself against a federal antitrust lawsuit. The lawsuit alleges that RealPage's software has contributed to artificially high rents in several California areas, exacerbating the state's housing crisis.
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