German cartel office rules on booking.com"s best-price clause
Wed Dec 23, 2015 6:50 pm
The German cartel office on Wednesday prohibited the German arm of booking.com to continue using best-price clauses in its contracts with hotel operators in the country.
Germany's Federal Cartel Office has lashed out against a best-price clause in use at the bookings.com online hotel booking platform. Regulators said the practice ran afoul of the country's competition laws.
This means the leader in online hotel bookings will no longer be allowed to prevent hotel operators from offering rooms at cheaper rates on other, rival platforms, the German Association of Hotel Operators confirmed in Berlin.
The association had caused the cartel office to launch a probe back in 2013 when it first complained about what it called dubious business practices at booking.com......................
To read further go to this link: time-ua.com
Germany's Federal Cartel Office has lashed out against a best-price clause in use at the bookings.com online hotel booking platform. Regulators said the practice ran afoul of the country's competition laws.
This means the leader in online hotel bookings will no longer be allowed to prevent hotel operators from offering rooms at cheaper rates on other, rival platforms, the German Association of Hotel Operators confirmed in Berlin.
The association had caused the cartel office to launch a probe back in 2013 when it first complained about what it called dubious business practices at booking.com......................
To read further go to this link: time-ua.com
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