Algorithmic Casino Room Pricing Antitrust Suit Fails For Lack Of Agreement

( October 9, 2024, 9:55 AM EDT) -- TRENTON, N.J. — While plaintiffs go to “rather extraordinary lengths” implying that Atlantic City casinos share data in an effort at fixing the price of hotel rooms, the defendants’ use of the same software and provision of nonpublic information to the algorithmic room-pricing system do not satisfy the requirements for a hub-and-spoke conspiracy antitrust claim, a federal judge in New Jersey said in granting a motion to dismiss....