The Competition Authority initiated a sector inquiry on the market of online room reservations

The Competition Authority(GVH) initiated a sector inquiry on the market of online room reservations – the competition authority told MTI on Monday.

The investigation aims to understand and evaluate the system of price guarantee mostly used by online accommodiation agencies.

According to the announcement, the GVH has informations that suggest that “rate parity”, ie. price guarantee is part of the agreements, that the hotels transact with the reservation systems. (MTI)