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The Emerging Regulatory Landscape of AI In the Hospitality Industry
As artificial intelligence continues to disrupt technologies in virtually every business and industry, regulators around the world are taking steps to police the anticompetitive use of AI in ways that harm consumers. One target of these efforts is dynamic pricing tools, commonly referred to as “algorithmic pricing,” which utilize revenue, consumer demand, market conditions and past pricing data to make pricing recommendations for a product or service.
Government agencies, lawmakers and, more recently, class action plaintiffs’ attorneys are scrutinizing whether these pricing tools, which increasingly use artificial intelligence to aggregate large volumes of data among competing firms to provide market intelligence, violate antitrust laws by enabling de facto collusion among competitors.
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The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
The DOJ's New Parameters for Evaluating Corporate Compliance Programs
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Bankruptcy Sales: Finding a Diamond In the Rough
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A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.