The UK’s Competition and Markets Authority (CMA) has launched an investigation into Hilton, InterContinental Hotels (IHG), Marriott, and CoStar regarding potential information sharing. The watchdog is probing whether these hotel chains shared competitively sensitive information through CoStar’s hotel data analytics tool. The CMA stated that such data sharing could enable companies to predict competitors’ actions and coordinate behavior, thereby affecting competition.
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UK competition watchdog probing Hilton, IHG, Marriott, CoStar for information sharing
The UK’s Competition and Markets Authority (CMA) has launched an investigation into Hilton, InterContinental Hotels (IHG), Marriott, and CoStar regarding potential information sharing. The watchdog is probing whether these hotel chains shared competitively sensitive information through CoStar’s hotel data analytics tool. The CMA stated that such data sharing could enable companies to predict competitors’ actions and coordinate behavior, thereby affecting competition.