TOKYO -- The Japan Fair Trade Commission plans to issue warnings to 15 major operators of hotels in Tokyo, including prestigious names like New Otani and Imperial Hotel, for sharing room rates in a possible violation of anti-monopoly rules, Nikkei learned on Wednesday.
Travel & Leisure
New Otani and other Tokyo luxury hotels hit with antitrust warning
For decades, 15 top-tier facilities shared future pricing plans
Some of Tokyo's most prestigious hotel operators will be issued warnings over potential cartel-like behavior. (Source photos by Nikkei)
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