ECN Brief

price parity clause

price parity clause

The French, Italian and Swedish Competition Authorities Accept the Commitments Offered by Booking.com

In their investigations of so-called "price parity" clauses (also called "best price" clauses) contained in agreements between online travel agencies (OTAs) and hotels, the French Competition Authority (FCA), the Italian Competition Authority (ICA) and the Swedish Competition Authority (SCA) coordinated their investigations and, on 21 April 2015, adopted parallel decisions accepting identical commitments [1] from the market-leading OTA Booking.com and making them binding in their respective jurisdictions.

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