Civil Litigation,
Antitrust & Trade Reg.
Jun. 10, 2024
Hotel operators and revenue science firm accused of price fixing
The lawsuit alleges that the hotel companies shared confidential pricing and occupancy information with revenue management software provider IDeaS to generate supra-competitive prices.
A federal antitrust lawsuit filed Friday in San Francisco accused six major hotel operators and a revenue science firm of acting as horizontal competitors and fixing hotel room rates with the help of a pricing algorithm.
The hotel companies named in the complaint, including Hilton and Four Seasons, shared confidential pricing ...
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