The FBI has conducted a raid on Cortland Management, a major corporate landlord, over allegations of algorithmic price-fixing collusion. This raid is part of a broader investigation into a nationwide conspiracy to increase rental prices through illegal rent hikes. The Department of Justice (DOJ) appears to be taking the issue of rent price fixing seriously. Cortland Management is allegedly involved in a scheme coordinated by software firm RealPage to raise rents across the country by manipulating prices and keeping apartments vacant. This development highlights growing concerns over monopolistic practices in the rental market and is part of a nationwide criminal probe.