“Most
favoured nation clauses” (MFN), or clauses on rate, availability and
product parity, are widely used in the general terms and conditions of
Online Travel Agents (OTAs) and, being in contravention of EU laws, are
rightly treated with suspicion by more and more antitrust authorities in
Europe. “OTAs must promptly agree to amend terms of business to void
existing MFN clauses across all agreements where such clauses exist.Continue Reading...
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