The investigation focused on restrictions in agreements between InterContinental Hotels Group, Hotel InterContinental London, Booking.com and Expedia, which prevented the online travel agents from discounting the price of rooms. It was one of several investigations across Europe into a range of pricing practices in the online booking sector. The CMA said: “Having reconsidered the matter in the light of the CAT’s judgment and following a fresh look at the case, the CMA has decided to close the investigation into discounting restrictions on administrative priority grounds. Get the full story at Travolution