Hello and welcome to an amazing Labor Day episode of Sleep Money, your guide to the business and finance news of the week.

I'm Felix Salmon of Axios with Elizabeth Bires of Slate in New York Times and places.

Hello? I'm here with Emily Peck of Axios.

Hello. My colleague with whom we have been talking the two of us all week about

Real Page, of course we're going to continue that discussion on the pod because we don't

want to deprive you lovely listeners of our insights therein too.

We are going to talk about NVIDIA, which is weirdly somehow a meme stock even though it's worth three trillion dollars.

We are going to talk about how you are chilled out and relaxing right now, listening to this

show on Labor Day weekend without a work worry in your grain and well done.

You are disconnecting because you have the right to disconnect.

Oh wait, no you're not because you're American.

If you were French or Australian, maybe that would be the case.

We're going to talk about that. We have a slate-plus segment on whether people should be barred from

drinking in airports. It's all coming up on sleep money.

So Emily, you and I have spent pretty much the last week chatting away at inordinate length about this real page lawsuit because there are so many angles to it and interesting aspects of it but before we get into any of

those you should just probably give us the big overview of what it is. Right so

real page is a company that collects data on rents and it packages that data, uses an algorithm and sells it to big property managers and landlords who use their tech to figure out how much

rent to charge tenants and last week the Department of Justice filed an antitrust suit against Real Page, alleging,

essentially price fixing that Real Page conspired with landlords and property managers to increase rents in an unfair way.

So Realpage is software that is used by roughly 7% of the apartments in America and on the face of it 7% is not a large number

it doesn't feel like a monopoly that can have price setting power for rents nationwide but Emily it turns out that in fact

somehow the tentacles tentacle further than that?

...