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price fixing

Quantas Director Resigns Amid Wrongdoing Allegations

2013-03-03 by Delia Gavrilescu

Banca Monte dei Paschi di Siena

According to news from Qantasm, the Director of Quantas Airways Limited has stepped down. Corinne Namblard’s involvement in Italian court procedings was stated as the reason for her resignation in light of alleged involvement in a scandal involving Italy’s Monte dei Paschi di Siena, the world’s oldest bank.

Tags: airline boards, airline news, airlines, Australian airlines, corporate wrongdoing, EU, European commission, price fixing, Quantas

Big OTAs and Big Hotels in Price Fixing Lawsuit

2012-08-22 by Phil Butler

Class action versus OTAs

A federal lawsuit naming the likes of Expedia, Orbitz, Booking.com, Travelocity, Trump International Hotels Management, Intercontinental, Kimpton, Sabre Holdings, Priceline, Marriott, Starwood, and Hilton alleges the companies conspired to fix hotel room prices. According to the news from Reuters, the suit claims the travel giants did so in an effort to fend off competition from smaller online retailers.

Tags: Booking.com, buuteeq, Expedia, FairSearch, Global Hotel Exhange, Google, Google Travel, Hilton, hotels, InterContinental, ITA, Kimpton, Marriott, online travel, Orbitz, OTA's, price fixing, Priceline, rate parity, room prices, Sabre holdings, Starwood, Travelocity, treovi, Trump International Hotels Management




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