Posts Tagged ‘Rate Parity’

B**king No!

Open Letter to Alex Chisholm, Chief Executive of the Competition and Markets Authority Dear Alex, It will have come to your notice that Booking.com has finally agreed to stop price fixing in Europe, five years after the matter was brought to the attention of your competition authority (CMA). According to the EU this concession by […]

Open Letter to Martin Couchman, Deputy Chief Executive of the British Hospitality Association

Dear Martin, Further to our recent conversation, I understand that it is awkward for you to involve the British Hospitality Association in the ongoing price fixing investigation in the hotel industry because many of your members are unsure about their legal standing. I now feel that’s exactly why you need to step in. As we […]

Final Open Letter to Clive Maxwell, Executive Director Office of Fair Trading

Dear Mr. Maxwell, Thank you for kindly replying to my last open letter. Since you wrote I have been petitioned by lawyers, economists, and high ranking officials in the travel industry to respond to your team’s proposal to ensure that it doesn’t get through unchallenged. However, I can’t find it in myself to respond or […]

Open Letter to Clive Maxwell, Executive Director Office of Fair Trading

Dear Clive, I hope you don’t mind my writing to you publicly but I feel this is an issue of public and national importance. Three years ago I complained to the Office of Fair Trading (O.F.T.) that my competitors (primarily Expedia and Booking.com) were routinely policing the internet for companies undercutting them and closing down […]

Priceline, Kayak and other family matters.

Incest has a bad rep and you can see why. It often results in the spawning of children with weird defects like underdeveloped limbs or oversized heads. Take the royal family for example or the U.S. hotel giant Priceline. There is speculation in the media today that Priceline’s acquisition of the price comparison site, Kayak, […]

Rate Parity – The End Game

I’ve told the press that I think the days of rate parity are coming to an end but, with one exception, they’ve yet to quote me so it looks like I’m going to have to say it myself. As you may imagine I’ve been following the recent developments in the world of hotel price fixing […]

Open letter to William Baer, Arnold & Porter LLP

Dear William, I have been reading with great interest your nomination to head up the Justice Department’s Antitrust Division. Particularly significant to me was to hear your stance on resale price maintenance with respect to the Leegin case. Some background. Skoosh is a small U.K. based online travel agent (O.T.A.) specializing in hotel bookings. Until […]

Price parity, evolution and dandruff.

For anyone on here to read anything but economic theory so dry it makes dandruff look squelchy, please be on your way. You won’t thank me. For everyone else I’ll make plain my starting point. I consider myself an evolutionary economist. To put that in perspective, I have a ‘c’ grade at economics A-level. It […]

WTF is GOP?

Hello again, I promise you I’ll change the record soon. I think that everything useful that can be said about rate parity has been said already and it’s now time to let the competition bureaus decide its fate. I’m only adding this post as a bookmark to look back on when everything is resolved as […]

Rate Parity: A Story with Legs

Soon after I started my campaign against rate parity, which my school friend and industry colleague Pete calls my cause célèbre (I prefer ‘obsession du jour’ but we were both in bottom set French so don’t quote either of us) I realised that ‘resale price maintenance’, the correct terminology, just wasn’t attractive so I switched […]