Algorithms can aid price collusion, even if no humans actually talk to each other, US enforcers say

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Algorithms can aid price collusion, even if no humans actually talk to each other, US enforcers say

Getty Algorithms might help hotels illegally collude on prices, even if no humans from those businesses actually talk to each other about them, according to US antitrust enforcers. The Department of Justice and Federal Trade Commission jointly submitted a statement of interest in Cornish-Adebiyi v. Caesars Entertainment, a case brought before the US District Court of New Jersey. The class action case was brought by New Jersey residents who rent…