Four hotels fined for anti-competitive behaviour: CCCS

Singapore

FOUR hotels have been fined more than S$1.5 million in total for exchanging commercially sensitive information and infringing the Competition Act, the Competition and Consumer Commission of Singapore (CCCS) said on Wednesday.

The competition watchdog issued an infringement decision against the owners and operators of Capri by Fraser Changi City Singapore, Village Hotel Changi and Village Hotel Katong (the Village Hotels), and Crowne Plaza Changi Airport Hotel. Capri's owners and operator were fined a total of S$1.01 million, while the Village Hotels received a penalty of S$286,610, and Crowne Plaza was fined S$225,293.

Sales representatives of Capri and Village Hotels exchanged commercially sensitive information from at least July 3, 2014 to June 30, 2015, and representatives of Capri and Crowne Plaza did the same from at least Jan 14, 2014 to June 30, 2015. The information was related to preferenti…