Technology company offers novel way for accommodation providers to fix prices.
This is what happened with a similar company in the US: https://www.politico.com/news/2024/03/20/rental-housing-market-doj-investigation-00147333
Technology company offers novel way for accommodation providers to fix prices.
This is what happened with a similar company in the US: https://www.politico.com/news/2024/03/20/rental-housing-market-doj-investigation-00147333
That url title cracked me up.
I think you’re right, in a small market like NZ this will quickly become price fixing. On the other hand NZ doesn’t really seem to protect itself from this kind of carry on all that vigorously.