On May 8, the Japan Fair Trade Commission issued a warning to 15 companies operating these hotels on the grounds that they are suspected of violating the Anti-Monopoly Law due to the fact that the heads of high-end hotels in Tokyo, such as the Imperial Hotel and the New Otani Hotel, regularly exchange information, including average room prices and occupancy rates, which may result in price cartels, to prevent such situations from happening again.

Zhitongcaijing · 05/08 15:09
On May 8, the Japan Fair Trade Commission issued a warning to 15 companies operating these hotels on the grounds that they are suspected of violating the Anti-Monopoly Law due to the fact that the heads of high-end hotels in Tokyo, such as the Imperial Hotel and the New Otani Hotel, regularly exchange information, including average room prices and occupancy rates, which may result in price cartels, to prevent such situations from happening again.