Los Angeles sues Airbnb for alleged price gouging following wildfires

By Jonathan Stempel (Reuters) -Los Angeles sued Airbnb, accusing the home rental company of allowing price gouging affecting at least 2,000 properties during January's wildfires in Southern California, City Attorney Hydee Feldstein Soto said on Friday. According to a complaint filed in Los Angeles Superior Court, rental prices rose more than 10% for "at least two thousand—and possibly more than