Takeaways From Appeal Of UK Hotel Bookings Settlement

Law360, New York (October 15, 2014, 10:12 AM EDT) -- The U.K. Competition Appeal Tribunal quashed the decision of the Office of Fair Trading, now the Competition and Markets Authority, to close its investigation into pricing arrangements entered into by Booking.com BV, Expedia Inc. and InterContinental Hotels Group PLC. The OFT closed its investigation after the parties had offered behavioral commitments....

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