Penalty Amount
$7,000,000
Colorado Attorney General Phil Weiser, as part of a bipartisan coalition of nine attorneys general, announced a $7 million settlement with LivCor, LLC for its role in an algorithmic rent-fixing scheme. LivCor allegedly used RealPage's revenue management software to share and gather confidential pricing information with competing landlords, artificially inflating rental prices. The settlement requires LivCor to cease using such software, pay $7 million in penalties, and cooperate in ongoing litigation against RealPage.
LivCor must pay $7 million in penalties and fees to the states, cease use of any revenue management software that uses competitors' nonpublic pricing data, refrain from sharing competitively sensitive pricing information, establish an antitrust compliance and training program, accept a court-appointed monitor if using uncertified third-party pricing algorithms, and cooperate fully with ongoing litigation.
In-house legal teams should review vendor agreements with property management software providers (like RealPage) to ensure clauses prohibit the sharing of competitively sensitive nonpublic pricing data. Key clauses to examine include data processing agreements, confidentiality provisions, and restrictions on using aggregated competitor data for pricing recommendations. Additionally, customer lease agreements should be reviewed for any references to algorithmic pricing, and antitrust compliance training programs should be mandated in vendor contracts. The consent decree's requirement for a court-appointed monitor if using uncertified third-party algorithms suggests that contracts should include certification requirements for any pricing software used.
Entity
LivCor, LLC
Industry
Real EstateOfficial Press Release
https://coag.gov/press-releases/attorney-general-phil-weiser-announces-7m-settlement-with-corporate-landlord-livcor-for-role-in-algorithmic-rent-setting-scheme/
LivCor Consent Judgment
https://coag.gov/app/uploads/2026/06/LivCor_Consent-Judgment.pdf
Colorado Attorney General Enforcement Page
https://coag.gov/
"LivCor, LLC"
"$7 million settlement"
"used RealPage’s revenue management system to fix rental prices with competing landlords by illegally sharing and gathering confidential pricing information"
"Colorado Antitrust Act"
"bipartisan coalition of nine attorneys general"
"cease use of any revenue management software that uses competitors’ nonpublic pricing data"
$7.0M
Attorney General Ellison, as part of a bipartisan coalition of nine attorneys general, announced a $7 million settlement with property management company LivCor, LLC. The settlement resolves allegations that LivCor used RealPage's revenue management system to illegally share and gather confidential pricing information with competing landlords, enabling them to keep rental prices artificially high. LivCor must cease using such software, refrain from sharing competitively sensitive information, establish an antitrust compliance program, and cooperate in ongoing litigation against RealPage.
Colorado joined a coalition of states and local governments in suing the National Highway Traffic Safety Administration over its rule weakening fuel economy standards for new passenger cars and light trucks. The coalition alleges the rule violates federal law; the press release does not report a penalty or a court ruling.
Colorado Attorney General Phil Weiser joined a multistate and local coalition challenging the EPA’s repeal of greenhouse gas limits for many coal- and gas-fired power plants. The coalition seeks to have the repeal struck down and the protections restored, and separately notified the EPA of its intent to sue over regulation of emissions from existing gas plants; no penalty or final court remedy is reported.
$469.0M
Colorado joined a 43-state-and-territory settlement resolving allegations that Sandoz and Fougera participated in a long-running conspiracy to inflate generic drug prices, reduce competition, and restrain trade. The companies agreed to pay approximately $469 million and implement reforms; the states are seeking court approval.
$35.0M
Colorado, the FTC, and a coalition of state attorneys general reached a settlement with Corteva over allegations that its post-patent loyalty program restricted distributors from selling competing generic pesticides. Corteva must end the challenged conduct and pay the states $35 million for fees and costs; the agreement is in effect for 10 years.
$2.3M
Colorado and a bipartisan coalition of attorneys general reached a $2,287,455 settlement with Laboratory Corporation of America over the 2019 data breach at its debt collector, American Medical Collection Agency. The settlement requires stronger vendor risk management and information security practices, with particular requirements for medical debt collectors.