As reported by Patrick McGreevy and Jean-Paul Renaud, at the Los Angeles Times, “In December 2006, the average daily rate for a mid-size rental car booked via the Internet at Los Angeles International Airport was about $60. A month later, the rate had climbed to $79, according to a study by a consumer group.A class-action lawsuit filed by the group Wednesday alleged that the spike was the result of illegal price-fixing by rental-car companies – enabled by a new state law that allows the companies to change the way they advertise rates at many airports.The amended law, which was drafted at the urging of rental car companies, was rushed through the Legislature with three minutes of debate in a late-night session only hours before legislators adjourned last year.” Read more>>
