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Greystar and Landlords Reach $141 Million Rent-Setting Lawsuit Settlement

Multiple property owners, including Greystar, have agreed to pay $141 million to resolve allegations of collusion in setting rental prices.

Summary

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Terms & Concepts
  • Settlement: A legal resolution between parties in a dispute, often involving payment, without admission of guilt.
  • Rent-Setting Lawsuit: A legal case alleging that landlords colluded or coordinated rental prices to limit competition.