CoStar, a commercial real estate information giant, along with hotel operators including Hilton, Marriott, and Hyatt, have requested a U.S. judge to dismiss allegations of data sharing to maintain high room prices. They argue there is no proof of price-fixing collusion.
CoStar and its fellow defendants moved to toss a lawsuit revolving around hotel room pricing. https://t.co/vn9FCu33Ov
A Nevada judge’s dismissal of a price-fixing suit against major Las Vegas hotels is rippling across the country as courts wrestle with the question of how antitrust laws intersect with AI-powered information systems. https://t.co/hfMRCHdX4h
CoStar, Hotel Chains Ask Judge To Toss 'Fanciful' Price-Gouging Lawsuit via @Bisnow #cre https://t.co/N9nHGAjrCb
CoStar, Hotel Chains Ask Judge To Toss 'Fanciful' Price-Gouging Lawsuit https://t.co/RimDaWKo8L
Commercial real estate information giant CoStar and six hotel operators, including Hilton, Hyatt and Marriott, said in a Seattle federal court filing on May 17 that there was no evidence that they conspired to fix prices https://t.co/2hk8DzvpfQ https://t.co/PVOOweHbgW
Commercial real estate information giant CoStar and a group of high-end hotels have asked a U.S. judge to dismiss claims that they improperly shared data to keep room prices artificially high, calling the case "fanciful." @MikeScarcella https://t.co/2Nnjtohbx0 https://t.co/qezEHDLnhO
CoStar and six hotel operators including Hilton and Marriott asked a US judge to dismiss claims that they improperly shared data to keep room prices artificially high, saying that there was no evidence that they conspired to fix prices https://t.co/2Nnjtohbx0 https://t.co/Li9YNOHyxV