United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement

 called AI Revenue Management (``AIRM'') and YieldStar from RealPage. RealPage also licenses AIRM and YieldStar to Pinnacle's competitors, including the other property managers or property owners (collectively, ``landlords'') named as Defendants in the Complaint. Pinnacle and other landlords use RealPage's revenue management products to determine how to price floor plans and units for the conventional multifamily rental housing that they each manage and lease, in competition with each other in numerous local rental housing markets around the country. The Complaint alleges that Pinnacle violated Section 1 of the Sherman Act, 15 U.S.C. 1, by unlawfully sharing its confidential and competitively sensitive information with RealPage for use in its and competing landlords' pricing. Under their licensing agreements with RealPage, Pinnacle and competing landlords have provided RealPage with daily, competitively sensitive, nonpublic information relating to their leasing businesses, including details like how many leases have been renewed, on what terms, and at what price. The transactional data that Pinnacle and other landlords have agreed to provide to RealPage includes current, forward-looking, granular, and highly competitively sensitive information. As reflected in the design, development, and operation of its revenue management products, RealPage has used Pinnacle's competitively s