The Department of Justice on Monday agreed to settle an antitrust suit that alleged software maker RealPage created a program that landlords and property managers — including some operating on Long Island — used to collude to inflate rents.

The settlement requires RealPage to take steps to prevent its software from providing nonpublic, competitively sensitive information that property owners could use to determine rents, according to the department’s announcement Monday. It also requires RealPage to overhaul features the DOJ alleged reduced the likelihood the software would suggest decreasing rents.

In addition, RealPage must accept a court-appointed monitor to track compliance with the settlement, which is pending approval in federal court in North Carolina.

"Competing companies must m

See Full Page