15 Hotel Operators in Tokyo Warned over Possible Price-Fixing
Tokyo, May 8 (Jiji Press)--Japan's Fair Trade Commission warned 15 luxury hotel operators in Tokyo on Thursday that their practice of exchanging information about room prices and other matters could amount to price-fixing conspiracy that violates the antimonopoly law.
The FTC said that it issued the warning to have the hotel operators correct the practice as soon as possible rather than proceeding with its investigation as hotel fees in the Japanese capital have risen sharply due to a surge in the number of foreign visitors following the removal of COVID-19 restrictions.
(2025/05/08-17:47)
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