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June 30 () - Airbnb must face a lawsuit by the city of Los Angeles, which accused the home rental company of allowing price gouging affecting more than 2,600 properties during the January 2025 wildfires in southern California, City Attorney Hydee Feldstein Soto said on Tuesday. (Reporting by Jonathan Stempel in New York; Editing by Chris Reese).
Chicago authorities have filed a lawsuit against Airbnb, alleging the company facilitated illegal short term rentals in the city. The case focuses on compliance with local regulations in a major U.S. urban market that is important for Airbnb’s global platform. The legal action raises fresh questions around how NasdaqGS:ABNB manages city level rules and relationships with regulators. Airbnb runs a global marketplace that connects guests with hosts offering short term stays, often in...
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