The Federal Trade Commission and the Justice Department’s Antitrust Division have submitted a hotel price fixing statement to the District of New Jersey. It was filed in the ongoing case of Cornish-Adebiyi v. Caesars Entertainment, as announced earlier this month. This case revolves around the utilization of pricing algorithms by casino hotels, a practice that is increasingly drawing regulatory attention. In their statement, the agencies address hotel price fixing, and clarify that hotels cannot collaborate on setting room prices or employ algorithms to carry out actions that would be considered illegal if performed by individuals. The spotlight has been on…