Conn. AG, Hotels Settle Room Price-Fixing Fight

Law360, New York (August 12, 2011, 4:52 PM EDT) -- Connecticut Attorney General George Jepsen announced Thursday that he had reached a settlement with three hotel groups over an alleged price-fixing scheme for hotel rooms.

McSam Hotel Group LLC and Metro Ten Hotel LLC, both owned by New York City hotel developer Sam Chang, and Jamsan Hotel Management Inc. will together pay the state of Connecticut $50,000, and are ordered to cease the practice of calling each other with daily rate information, according to the attorney general. The companies did not admit liability.

“This agreement will...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.