Article - Spotlight Shines Brighter on Algorithmic Price-Fixing by Hotels - After a series of lawsuits, newly expressed interest in a case by the DOJ and FTC could signal more scrutiny over alleged hotel pricing collusion.
This week’s Update features multiple stories and perspectives on AmexGBT’s newly announced acquisition of CWT and Booking.com’s decision to drop its own sustainability ratings. I hope.
Bason v. RealPage is a federal antitrust class action filed by renters who claim they paid inflated rental prices because the defendants' conspiracy to stifle competition. The complaint describes algorithmic price fixing where competitors set their prices jointly.