Penalty Amount
$7,000,000
Connecticut Attorney General William Tong joined a bipartisan coalition of nine states in a $7 million settlement with Greystar Management Services LLC, the largest U.S. landlord, for anticompetitive algorithmic pricing practices. Greystar shared competitively sensitive data with competitors via RealPage's algorithms and discussed pricing strategies, leading to inflated rents. The consent decree prohibits such conduct, requires monitoring if using uncertified algorithms, and bars participation in RealPage competitor meetings.
Greystar must pay $7 million to the states, refrain from using anticompetitive algorithms that incorporate competitor data or features, stop sharing competitively sensitive information, accept a court-appointed monitor if using a non-certified third-party pricing algorithm, avoid RealPage-hosted competitor meetings, and cooperate with the ongoing case against RealPage.
In-house legal teams should review vendor agreements with third-party pricing algorithm providers (e.g., RealPage), internal compliance policies, and any agreements involving data sharing with competitors. Key clauses to scrutinize include data sharing provisions, algorithm usage and certification terms, pricing coordination restrictions, and clauses governing participation in industry meetings or competitor communications. Changes may be needed to explicitly prohibit sharing competitively sensitive data, require pre-approval or certification of pricing algorithms, implement audit and monitoring rights, and ban discussions of pricing strategies with competitors to align with the consent decree's requirements.
Entity
Greystar Management Services LLC
Also known as: Greystar
Industry
Real EstateOfficial Press Release
https://portal.ct.gov/ag/press-releases/2025-press-releases/attorney-general-tong-announces-settlement-with-landlord-over-algorithmic-pricing-scheme
greystar.pdf?rev=08ab78c1127e421f8cc53999e31a1d10&hash=3BC01
https://portal.ct.gov/-/media/ag/press_releases/2025/greystar.pdf?rev=08ab78c1127e421f8cc53999e31a1d10&hash=3BC01962F47009654EAB967CE0DCBC61
Connecticut Attorney General Enforcement Page
https://portal.ct.gov/AG/Privacy/Privacy-Resources
"Greystar Management Services LLC"
"$7 million settlement"
"shared competitively sensitive data to generate pricing recommendations using RealPage’s algorithms"
"discussed competitively sensitive topics—including pricing strategies, rents, and selected parameters for RealPage’s software—directly with each other"
$7.0M
California Attorney General Rob Bonta announced a $7 million settlement with Greystar Management Services LLC for using RealPage's algorithmic software to illegally align rent prices with competitors by sharing confidential pricing information, violating antitrust laws. Greystar must cease using such anticompetitive algorithms, refrain from data sharing, accept monitoring, and cooperate in the ongoing case against RealPage.
$500K
Connecticut Attorney General William Tong announced settlements with SunRun, Inc., Elevate Solar Solutions, and two salespeople over allegations of deceptive solar sales, including impersonating consumers and locking homeowners into long-term contracts without consent. SunRun must pay $300,000 and provide consumer relief; Elevate and the salespeople face a stated $200,000 penalty, with $100,000 suspended subject to ongoing compliance.
$8.0M
Connecticut announced an $8 million settlement with Mylan over allegations that it used agreements to delay generic EpiPen competitors and took other actions that inflated prices. Mylan also agreed to provide 10,000 free EpiPens; the release states that Mylan denies wrongdoing.
Connecticut Attorney General William Tong joined a coalition of 22 attorneys general in filing an amicus brief challenging DHS’s policy and practice of conducting warrantless civil immigration arrests. The press release describes a court challenge, not a privacy enforcement action or monetary penalty.
$625K
Connecticut reached a $625,000 settlement with Frontier Communications Parent Inc. over an April 2024 breach in which compromised employee and vendor credentials were used to access internal systems and exfiltrate unencrypted personal information of 58,841 Connecticut residents. The settlement requires Frontier to strengthen its security program, implement specific safeguards and training, and obtain an independent third-party assessment.
$2.6M
Connecticut and New York found that Boston Children’s Health Physicians and its security vendor, XTIUM, failed to use reasonable safeguards, resulting in hackers accessing sensitive personal, medical, and employee information. The companies agreed to pay penalties totaling $2.64 million and implement enhanced cybersecurity measures.