Top brands face price-fixing probe after ‘setting minimum prices’
26 April 2011Three major hotel groups are being investigated by the ‘Office of Fair Trading’ over claims they fixed prices.
The Radisson, Thistle and Starwood chains – which run hotels all over the world – are accused of secretly setting room rates with online travel agents and ordering them not to offer discounts.
It means holidaymakers may have had to pay hundreds of pounds more than they should have.
All three hotel groups deny breaking competition law but if they are found guilty of price- fixing they could be fined up to 10 per cent of their turnover, which could cost them millions.
source: dailymail.co.uk
