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Evening Standard
Evening Standard
Business
Jonathan Prynn

CMA launches investigation into leading three hotel chains

Park Lane Hilton is the company’s flagship in London -

Three leading hotel chains are being investigated over whether they broke competition law by sharing sensitive market information.

Britain’s leading anti-cartel watchdog the Competition and Markets Authority (CMA) said it was launching a probe into three competing hotel chains - Hilton, IHG Hotels and Marriott - as well as CoStar, the owner of the hotel data analytics tool STR.

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