The French Competition Authority sanctions six luxury hotels for having exchanged confidential commercial informations (Parisian palaces)

Press Release published on the official website of the French Competition Authority.

The Conseil de la concurrence imposes penalties on the Bristol, the Crillon, the George V, the Meurice, the Plazza Athénée and the Ritz, for exchanging confidential commercial information.* In the light of a special report on Parisian luxury hotels, shown as part of the television programme Capital on French channel M6, the Conseil de la concurrence began proceedings ex officio on 4th December 2001, to examine the state of competition in the luxury hotel sector. Searches and seizures were also carried out by the DGCCRF at the six luxury hotels featured in the report. On the basis of this investigation, the Minister of Economy also referred the matter to the Conseil on 6th January 2003. After

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