In fact, the lawsuits claim that RealPage shares "peer lists" with clients that tell them exactly who else is providing data to the company within a specific distance of their property.
This sounds like reassurance to a landlord that peers will mimic the same price moves. If true, I would call that price fixing.
You are hereby reminded that litigants can claim anything they want in a brief. The bar for sanctioning a party over unfounded claims is extremely high.
Another kind of marketplace that provides detailed information on the other bids and asks is ... every functioning marketplace you have ever heard of. Commodities, stocks, futures, farm produce, everything.
In all of those markets, both buyers and sellers have access to the asks and bids. For your analogy to hold, I think the market data needs to be freely available.
Does RealPage give this info freely to renters, or is it hidden behind a subscription or fee and meant for landlords only?
In fact, the lawsuits claim that RealPage shares "peer lists" with clients that tell them exactly who else is providing data to the company within a specific distance of their property.
This sounds like reassurance to a landlord that peers will mimic the same price moves. If true, I would call that price fixing.