By Jody Godoy and Mike Scarcella

(Reuters) -The U.S. Justice Department has reached a settlement with RealPage over allegations it helped landlords fix rents by sharing pricing information through its software, court papers showed on Monday.

Under the settlement, Realpage agreed to a three-year monitorship and limits on how it collects and uses non-public data.

The case was among the first accusing companies of coordinating with competitors via software, also known as algorithmic collusion.

Assistant Attorney General Gail Slater said in a post on X that the settlement was “as good as any relief we would get from a court order after a lengthy and expensive trial, and importantly, it brings that relief to American consumers now, not three years from now.”

The DOJ had sued in North Carol

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