Las Vegas hotels deny room-rate price-fixing conspiracy

Lawsuit claims hotels used shared pricing algorithms to set rates, instead of making independent pricing and supply decisions

Mar 29, 2023

A group of companies operating prominent hotels on the Las Vegas strip on Monday asked a U.S. court to dismiss a lawsuit filed by tourists accusing them of conspiring to keep room rental rates artificially high through a revenue management platform.

"The complaint fails at the outset because it is missing every essential ingredient necessary to plead an antitrust conspiracy" under legal precedent, the attorneys said in a jointly submitted filing in Nevada federal court.

Get the full story at Reuters

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