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Law Suit = Online Travel Sites, Hotels Fix Prices

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Consumers have filed a class-action lawsuit against several online travel sites including Expedia, Inc. (Nasdaq:EXPE), Travelocity, Booking.com, a subsidiary of Priceline.com (Nasdaq:PCLN), and the nation’s largest hotel operators including Hilton Hotel, Sheraton Hotels and Resorts, a subsidiary of Starwood Hotels and Resorts Worldwide (NYSE:HOT), and Marriott International, Inc. (NYSE:MAR), claiming the two groups conspired to use their market dominance to fix prices on hotel rooms across the country.

http://kpbj.com/business_daily/2012-08-23/lawsuit_claims_online_travel_sites_hotels_fix_prices_to_staunch_competitio

It's all just a follow up to actions that were taken against the same organisations and a few other travemapper actors / booking agents by regulators in the EU.

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