Live Breaking News & Updates on Algorithms To Set Hotel Rates Become Illegal

Article - Could Using Algorithms to Set Hotel Rates Become Illegal? - By Adam Harris - Is it illegal to estimate what hotel prices might be in the future? According to some powerful people, it could be. Plaintiffs in several class-action lawsuits argue that merely having access to algorithmically informed price insights amounts to an illegal conspiracy among business competitors - that it?s fair to assume they ll stop competing and just fix prices instead. ....

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