Europe regulators put pressure on rate parity
by Terence Baker, Hotel News Now
Antitrust legislators throughout the European Union are pushing major online travel agencies to amend their rate parity agreements to allow for more competition among suppliers and distributors.
The first resolution came to head on 9 January when the Higher Regional Court of Düsseldorf held up a court-imposed December 2013 decision against German OTA Hotel Reservation Service that it would no longer be permitted to use parity clauses.
At the time legislators first took action against HRS, it was Germany’s largest OTA ...