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United States - Antitrust, EU Competition - Clarity Starts To Form Regarding Pricing Algorithm Antitrust Cases - Vimarsana News

United States - Antitrust, EU Competition - Clarity Starts To Form Regarding Pricing Algorithm Antitrust Cases

When do companies using the same pricing algorithm violate the antitrust law? Despite the new technology, the answer seems to center on the classic issue central to a hub-and-spoke conspiracy: is there an agreement...

Source: mondaq.com
United States - Hotels & Hospitality - Algorithmic Price-Fixing Claims Terminated - Vimarsana News

United States - Hotels & Hospitality - Algorithmic Price-Fixing Claims Terminated

A Nevada federal court on May 8, 2024, dismissed with prejudice a putative class action alleging that a handful of Las Vegas hotel operators and a software provider broke antitrust laws...

Source: mondaq.com
DOJ "Triples Down" On View That Use Of Pricing Algorithms Can Support Price-Fixing Claims - Antitrust, EU Competition - Vimarsana News

DOJ "Triples Down" On View That Use Of Pricing Algorithms Can Support Price-Fixing Claims - Antitrust, EU Competition

The Antitrust Division of the U.S. Department of Justice (DOJ) on March 28, 2024, weighed in for the third time in recent months in support of plaintiffs in class action lawsuits...

Source: mondaq.com
Atlantic City Casino Room-Rate Lawsuits Consolidated - Vimarsana News

Atlantic City Casino Room-Rate Lawsuits Consolidated

Multiple Atlantic City casinos facing lawsuits over room-rate conspirations will see the litigation consolidated in federal court.

Source: casino.org
Court Dismisses Algorithmic Price-Fixing Case, But Opens Door To Amended Complaint - Antitrust, EU Competition - Vimarsana News

Court Dismisses Algorithmic Price-Fixing Case, But Opens Door To Amended Complaint - Antitrust, EU Competition

In an early test of antitrust claims based on alleged algorithmic price fixing, a federal judge dismissed a class-action complaint alleging that hotel operators conspired...

Source: mondaq.com