This post was also written by Edward S. Miller.
Ready to close its investigation into on-line hotel room price fixing, the UK Office of Fair Trading has proposed the acceptance of commitments from the on-line travel agents (OTAs) and hotels currently involved in the investigation. The OFT recognizes the investigated parties concerns that a completely free market with no restriction on discounting by OTAs would not be in the consumers’ best interest. Implementation of the commitments will require amendment of terms of business between OTAs and all hotels, if, as expected, the OFT does not change its mind on review of the results of its public consultation on the proposed commitments.
Click here to read the issued Client Alert.