User:Zanderman22/sandbox

Rate Parity (RPM) is the practice prevelant in the travel industry whereby hotels, distributors agree not to undercut each others respective sales prices.

Requiring on-line travel agents (OTAs) to honor a hotel supplier’s best rate guarantee (at retail) and requiring hoteliers to provide inventory to distributors at the same price across all distribution channels.

In September 2010, the UK's public broadcasting company, the BBC, carried out an investigation into price fixing in the hotel industry.

In Dec 2013, HOTREC, the trade association of hotels, restaurants and cafes in the European Union, called upon hoteliers to abandon the rate parity clauses from their contracts with distributors.

are as close to universal practice in this industry as I have seen. And now, OFT appears to consider them by a less salubrious name: price-fixing. However, the Statement of Objections is not “the final word.” It is a sort of pre-trial opinion in which OFT provides official notice of a “proposed infringement [of the Competition Act 1998] decision” and the parties to the dispute may make written and oral arguments to be considered before final decision is rendered.

manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum resale price maintenance). If a reseller refuses to maintain prices, either openly or covertly (see grey market), the manufacturer may stop doing business with it.