Expedia, Booking.com OK Discount Deal In UK Antitrust Case

Law360, New York (January 31, 2014, 3:34 PM EST) -- Closing the book on a yearslong investigation by U.K.'s antitrust watchdog, online travel agencies Expedia Inc. and Booking.com BV, as well as hotelier InterContinential Hotels Group PLC, have struck a deal to relax certain discount restrictions the companies had agreed to for hotel room rates, the Office of Fair Trading announced Friday.

Per the formal commitments, any hotel or travel company dealing with these three businesses can offer discounts off room rates under certain circumstances, the OFT said. The commitments follow an investigation, first launched in...
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