This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Professors back reviving US price-fixing claims against MGM, Caesars, others

( February 11, 2025, 23:31 GMT | Official Statement) -- MLex Summary: Professors of law and of economics who specialize in antitrust law told a US appeals court that a district court overlooked the risks posed by algorithmic pricing in a case accusing Atlantic City hotel operators MGM Resorts, Caesars Entertainment and others of using algorithms to raise and fix prices for rooms. In hoping to revive the claims, they said: “Plaintiffs in this case have pleaded that a set of oligopolist casino hotels in Atlantic City have all begun using the same price algorithm to set their room rates. Plaintiffs have also pleaded that the hotels have acted in parallel to set room rates. These two allegations, paired together, are strongly suggestive of the existence of a horizontal price-fixing conspiracy and, thus, should have easily survived a motion to dismiss.”See attached file. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections