US FTC, Justice Department Target Algorithmic Price-Fixing by Hotels

Scott Choppin | RED Strategy + Problem Solving@ScottChoppin

2 years ago

So, AZ AG is suing these companies for colluding to form a monopoly by using Real Page’s rent yield maximization software, similar to Yardi’s Yieldstar. AG says these companies “tricked” renters into paying more than they should. Does the AG not think these renters can do their… https://t.co/Dm0sWK7AVF

Feds Jump Into Algorithmic Pricing Suit, Say Collusion Can Occur Without Humans Uttering a Word https://t.co/MFKfPB8f8M

Bloomberg Law@BLaw

2 years ago

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. https://t.co/Ckq6Oyfg6f