Japan's antitrust watchdog plans to issue warnings to 15 high-end Tokyo hotel operators for regularly sharing their room rates and oc ...

Japan's antimonopoly watchdog has warned 15 major hotel operators that their long-time practice of sharing room pricing and other internal information could be regarded as illegal price fixing under a ...

The Okura Tokyo and the Palace Hotel Tokyo. The Japan Fair Trade Commission has notified the firms of its impending issuance of administrative guidance that will call for them to cease the practice.

Officials from the 15 companies had met once a month to exchange information about room occupancy rates, average room prices ...

TOKYO: Japan's fair trade watchdog has warned 15 luxury hotels in Tokyo that their sharing of information on occupancy rates ...

Opened in 1962, the Okura remains one of Tokyo's top commercial hotels ... impeccable service and more Japanese touches than any other hotel in town, including a small, refined garden.

The Japan Fair Trade Commission (JFTC ... Hotel operators that could be issued warnings include New Otani, The Okura Tokyo and Imperial Hotel, Tokyo. In a time of both misinformation and too ...

Japan's antitrust watchdog on Thursday warned more than a dozen high-end Tokyo hotel operators over regularly sharing their room rates and occupancy data, deeming the practice as bordering on cartel ...