In a recent Law360 article, Baker McKenzie lawyers Mark Weiss, Jeffrey Martino and Andrew Black analyze the US Court of Appeals for the Third Circuit’s recent decision in Cornish-Adebiyi v. Caesars Entertainment Inc., which addresses the antitrust implications of algorithmic pricing software.
Their key takeaways include:
- The court revived claims alleging that competing hotels used shared nonpublic data and algorithmic pricing recommendations to coordinate room rates.
- Recent algorithmic pricing decisions reveal significant differences among courts regarding the legal standards that should apply to these cases.
- Companies can continue to benefit from pricing technologies but should maintain independent pricing judgment, carefully manage competitively sensitive information and implement robust compliance safeguards.
Read the full article: Law360 – 3rd Circ. Hotel Ruling Flags Key Issues In Dynamic Pricing
LEGAL DESIRE NEWSLETTER
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.
