US EditionUK watchdog probing Hilton, IHG, Marriott, CoStar for data sharing
The UK Competition and Markets Authority probes whether data sharing via analytics tools enabled hotel rivals to coordinate prices, potentially harming competition.
- The UK Competition and Markets Authority is investigating Hilton, IHG, Marriott, and CoStar for suspected sharing of sensitive information through hospitality data analytics tools.
- The watchdog is looking into whether the companies colluded over pricing by sharing data that could allow them to predict each other's actions and coordinate behavior.
- The CMA stated that when rival businesses share competitively sensitive information, it reduces uncertainty and can affect how strongly companies compete.
19 Articles
19 Articles
Times of India
The Economic TimesHilton, Marriott, IHG under UK scrutiny in data probe
Britain's competition watchdog is investigating major hotel groups Hilton, InterContinental Hotels, and Marriott. The probe also includes data firm CoStar. Regulators suspect these companies may be sharing sensitive information. This practice could reduce competition and affect consumer prices. CoStar and IHG are cooperating with the inquiry. Marriott and Hilton have not yet commented.
Hotel chains, data firm face probe by UK watchdog
Hotel chains Hilton, Marriott, Holiday Inn owner InterContinental Hotels Group and commercial property data analytics firm CoStar are under investigation by the UK competition watchdog over suspected sharing of sensitive information.
Evening Standard
Hotel chains and data firm under investigation over possible information sharing
Hilton, Holiday Inn owner InterContinental Hotels Group and Marriott, as well as data analytics firm CoStar are being probed by the CMA.
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