The so called Macron bill - named after French Minister of the Economy Emmanuel Macron - prohibits OTAs from including any parity clauses at all in their agreements with hotels, and gives hoteliers the full pricing freedom - including offering lower rates on their own websites. If accepted, the bill will basically render all current OTA hotel agreements in France invalid as early as August this year, and puts and end to hotel rate parity as we know it. New agreements between OTAs and hotels will have to be formulated in a way that allow hotels to offer lower rates in any of their sales channels, including their own website. What’s more, the bill also prohibits OTAs to offer lower rates as those provided by the hotel, giving hotels full pricing control within their contracted distribution channels. Carlo Olejniczak, director Booking.com for France, Spain and Portugal, told AFP (Google Translate version) that the new bill will result in intensified pricing wars between OTAs and hotels, as Booking.com remains committed to its “best price guarantee.” Quoted in hospitalityInside.com (by subscription only), Booking.com’s Managing Director EMEA said that in a world without rate parity many independent hotels in France will not be able to compete with the major hotel brands and search engines, and this will have a negative effect for tourism to France as a whole. Read also "Booking.com to amend parity provisions throughout Europe"