Hotels that use algorithms to set the price of rooms are violating antitrust laws, federal regulators argued in their latest move against algorithmic price-fixing.
The US Federal Trade Commission and the Justice Department’s antitrust division filed a statement of interest on Thursday in support of plaintiffs suing Caesars Entertainment and other rival casino hotels.
The lawsuit, filed last year in the US District Court for the District of New Jersey, accuses the hotels of unlawfully using an algorithm to set room prices—allegations the antitrust agencies said are substantiated by competition law.
“Algorithms that recommend prices to numerous competing hotels make ...
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