Attorney General Ellison announces $7 million settlement with property management company, LivCor, for its role in algorithmic rent alignment scheme

Minnesota to receive over $582,000 in settlement

Announcement comes after AG Ellison won antitrust lawsuit against LiveNation/Ticketmaster and forced Agri Stats to stop engaging in anti-competitive behavior that raises food costs

June 18, 2026 (SAINT PAUL) — Attorney General Ellison today, as part of a bipartisan coalition of nine attorneys general, announced a $7 million settlement with LivCor, LLC (LivCor), one of the property management companies named as a defendant in Attorney General Ellison’s ongoing antitrust litigation against software company RealPage. The settlement resolves allegations that LivCor used RealPage’s revenue management system to align rental prices with competing landlords by illegally sharing and gathering confidential pricing information. This conduct interfered with the normal competitive process and enabled landlords to keep prices higher, even in conditions when landlords naturally would lower prices.

Under today’s settlement, subject to court approval, LivCor also agrees to not use software offered by any company that uses competitively sensitive information to align rent prices and agrees to cooperate in the ongoing prosecution of RealPage and other defendant landlords. This is the second settlement reached by the states in this litigation; in November 2025, Attorney General Ellison announced a $7 million settlement with Greystar, another defendant.

"It’s hard to afford your life when your landlord is scheming with rival property managers to raise rent prices, instead of competing with those rivals to deliver the best housing possible at the fairest price possible,” said Attorney General Ellison. “Free and fair competition is the lifeblood of our economy, while anticompetitive practices like those of RealPage and LivCor are a poison that harms our economy and the pocketbooks of Minnesotans. I’m pleased to have reached a settlement that requires LivCor to abandon their unlawful actions and pay to fix the damage they caused.”

RealPage and LivCor

RealPage uses algorithmic models to recommend price increases to subscribers. As alleged the January 2025 complaint, LivCor and other landlords, including five co-defendants, shared competitively sensitive data to generate pricing recommendations using RealPage’s algorithms. LivCor and other landlords discussed competitively sensitive topics — including pricing strategies, rents, and selected parameters for RealPage’s software — directly with each other. Landlords also understood that their nonpublic data would be used to recommend prices not just for their own units, but also for competitors who use the programs, and agree to provide this information because they understood they would benefit from the information of their rivals. In other words, RealPage knew what competing landlords were charging and could increase profits for landlords by using that information to recommend landlords set or raise their prices uniformly, thereby eliminating competition, and leaving renters no choice but to pay artificially high price.

Today’s settlement, subject to court approval, requires LivCor to pay $7 million in penalties and fees to the states. Of that, Minnesota will receive $582,746.80. LivCor must also:

Litigation against RealPage and the remaining property management defendants, Camden, Pinnacle, and Willow Bridge is ongoing.

In securing this settlement, Attorney General Ellison joins the attorneys general of North Carolina, California, Colorado, Connecticut, Illinois, Massachusetts, Oregon, and Tennessee.

Attorney General Ellison’s Recent Antitrust Victories

On May 7, Attorney General Ellison led a bipartisan coalition of states working with the United States Department of Justice in resolving the civil antitrust lawsuit against Agri Stats, Inc. for organizing and sharing anticompetitive information exchanges among meat processors. For years, Agri Stats had produced comprehensive weekly and monthly reports for participating meat processors that spanned hundreds of pages and contained recent data relating to sales prices, costs, including worker and farmer compensation, and output. By sharing meat processors’ most granular cost, production, sales, and pricing data across the vast majority of processors in America, Agri Stats allowed these companies to collude with one another to thwart the free market and establish a de-facto scheme that raised costs on consumers across America. The settlement that Attorney General Ellison and the other plaintiffs reached bars Agri Stats from sharing such information in the future.

On April 15, 2026, Minnesota and a coalition of 33 other states won a lawsuit against Live Nation, the owners of Ticketmaster, after a jury found that the company violated federal and state antitrust laws by eliminating competition and driving up costs for fans, artists, and venues across the country. During the five-week trial, the Department of Justice reached a settlement with Live Nation that would not have fundamentally changed the status quo. While some states joined the settlement, the 34-state coalition opted to continue their litigation against Live Nation, which resulted in the April 15 finding that Live Nation violated numerous antitrust laws.

Attorney General Ellison encourages Minnesota consumers and businesses who wish to report concerns about antitrust business practices to submit a report online via the Antitrust Report Form or call the Attorney General’s Office at (651) 296-3353 (Metro area), (800) 657-3787 (Greater Minnesota), or (800) 627-3529 (Minnesota Relay).