• Parity consultation

The UK Office of Fair Trading has launched a consultation on revised commitments from hotel companies and OTAs in response to allegations of price parity agreements. booking.com, Expedia and IHG have made amendments to their original proposals, in a bid to satisfy the competition watchdog.

Additional commitments include hotels offering discounts in an equivalent manner to OTAs, while the rules will only apply to European consumers buying UK hotel rooms. Interested parties are invited to respond by mid January.
Read the full story here:
http://www.oft.gov.uk/news-and-updates/press/2013/86-13#.UrQQEB4gGSM

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