Another nail in the parity coffin, perhaps, following an Australian regulator’s move to restrict rate contracts by Booking.com and Expedia.
The Australian Competition and Consumer Commission says, following an investigation, both online travel agencies have agreed to amend their price and availability parity clauses in their terms with hoteliers in the country.
The development will outlaw any guarantees the pair impose on properties to provide them with the lowest rate – an issue which the ACCC says “prevents competitors and consumers from negotiating better deals directly with the provider”.
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