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Algorithmic Price Fixing After Cornish-Adebiyi: The Third Circuit Revives Hub-and-Spoke Claims Against Shared Pricing Software
INTRODUCTION On July 29, 2026, the United States Court of Appeals for the Third Circuit issued its decision in Cornish-Adebiyi v. Caesars Entertainment, Inc., No. 24-3006, reversing the District of New Jersey’s dismissal of a putative class action alleging that Atlantic City casino-hotels and their algorithmic software provider, Cendyn Group, LLC, conspired to fix hotel room prices in violation of Section 1 of the Sherman Act.
Algorithmic Price Fixing After Cornish-Adebiyi: The Third Circuit Revives Hub-and-Spoke Claims Against Shared Pricing Software
MB Mayer Brown More Mayer Brown is an international law firm positioned to represent the world’s major corporations, funds, and financial institutions in their most important and complex transactions and disputes. The Third Circuit's reversal in Cornish-Adebiyi v. Caesars Entertainment raises critical questions about when algorithmic pricing software crosses the line from legitimate business tool to illegal price-fixing conspiracy.
Substance Over Form: The FTC’s $12 Million HSR Evasion Penalty and What It Signals for Dealmakers
At a Glance The Federal Trade Commission (“FTC”) secured a combined $12 million civil penalty against Edwards Lifesciences and Genesis Medtech for allegedly structuring a 2024 acquisition to evade Hart-Scott-Rodino Act premerger notification requirements. The settlement, one of the largest HSR-related penalties in recent memory, underscores the FTC’s intensifying focus on transaction structures designed to circumvent filing thresholds.
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