【World Property Journal】Automated Property Pricing Algorithms Bolster Price-Fixing Claims, Say DOJ
【World Property Journal】Automated Property Pricing Algorithms Bolster Price-Fixing Claims, Say DOJ
2024.04.29
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The DOJ filed its latest statement of interest in the case of Cornish-Adebiyi v. Caesars Entertainment, Inc., currently before the U.S. District Court for the District of New Jersey. This case alleges a scheme among Atlantic City casino hotels to artificially inflate room prices via a shared software platform employing a pricing algorithm for suggesting rates.