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Cartel investigation


ElPal
By ElPal,
in

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Has anyone heard about the UK investigation into hotel booking websites and allegations that they were price-fixing in a cartel?

The following article is quite interesting: http://www.smh.com.au/travel/travel-news/travel-firms-in-pricefixing-row-20120801-23fnt.html

If it is anything like the airline freight charges price fixing allegations from a few years ago, it will probably be followed by similar investigations and prosecutions across a number of jurisdictions, including the USA and Australia.

Given that priceline.com is the parent company of booking.com which is one of the sites involved in the allegations, it will be interesting to see what happens.

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