Client Alert: Insuring Against Recent Trend of Antitrust Actions Targeting Pricing Algorithms

Following a 2022 ProPublica article reporting on the use of a third-party software to inflate rents in “a new kind of cartel,” a new wave of antitrust enforcement and class actions targets companies using pricing algorithms, including those in the real estate and hospitality industries. Huiyi Chen discusses the latest development in those lawsuits and how companies can mitigate risks through insurance coverage. This client alert was also published by the American Bar Association Litigation…
By: Jenner & Block