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“We take competition law very seriously,” says IHG chief about price-fixing claims

Greg Walton

Skift Take

Despite its involvement in the alleged activity, Expedia is off the hook since it's cooperating with the regulators rather than pushing back like IHG.

The world's largest hotel group yesterday hit back at claims that it unlawfully colluded with online travel agents to fix the prices of its rooms as it posted bumper half year results. It emerged yesterday that if the allegations are proven, InterContinental Hotels Group (IHG) could be in line for a record fine of up to pounds sterling 115m. IHG, which owns Holiday Inn, was formally fingered by the Office of Fair Trading last week for a practice that the group claims is an 'industry standard'. The firm has b

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