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Could Using Algorithms to Set Hotel Rates Become Illegal? & By Adam Harris
2024-04-29 20:58:03| Hotel Resource
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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Hospitality