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Very similar case against Las Vegas hotels for using software to raise room rates “ The lawsuit was originally filed Jan. 26, 2023, seeking class-action damage
by tempsy 3y ago
Very similar case against Las Vegas hotels for using software to raise room rates
“ The lawsuit was originally filed Jan. 26, 2023, seeking class-action damages from MGM Resorts International and Caesars Entertainment, along with Treasure Island and Wynn Resorts. It alleged that the resorts’ use of software from Georgia-based Rainmaker to set prices constituted price fixing, and that supply and demand was disregarded. Customers paid higher prices because Rainmaker’s algorithm created a market that wasn’t competitive, lawyers argued.”
https://www.8newsnow.com/news/local-news/judge-dismisses-lawsuit-claiming-las-vegas-strip-hotels-fixed-prices-lawyers-intend-to-refile-case/ https://www.8newsnow.com/news/local-news/judge-dismisses-law...
- alephnerd 3y agoThis explains why they merged the Realpage suits then and also initiated a similar suit at the State/Territory level. It has a very chance of giving conflicting advice on whether a group of organizations using a singular algorithm are committing a form of price fixing. Yea this is probably a Supreme Court case in 2026, and one that will definitely end up in AP Gov textbooks in 2-3 decades
- andy800 3y agoWhich was dismissed recently, although the judge allowed it to be refiled, if some additional details are included. https://www.google.com/amp/s/www.reviewjournal.com/business/tourism/judge-rejects-hotel-price-fixing-lawsuit-but-it-can-be-refiled-2928138/amp/ https://www.google.com/amp/s/www.reviewjournal.com/business/...