CMA launches investigation into leading three hotel chains [Yahoo! Finance Canada]
Hilton Worldwide Holdings Inc. (HLT)
Last hilton worldwide holdings inc. earnings: 2/11 06:00 am
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Source: Yahoo! Finance Canada
Britain's leading anti-cartel watchdog the Competition and Markets Authority (CMA) said it was launching a probe into three competing hotel chains - Hilton , IHG Hotels and Marriott - as well as CoStar, the owner of the hotel data analytics tool STR. The CMA said that it was normal commercial practice for companies to use “data analytics tools and algorithms to help them make commercial decisions.” However when rivals shred competitively sensitive information - including through a third-party data analytics provider - “this reduces the uncertainty competing businesses normally have about how each other will act.” The CMA said “this can affect how strongly companies compete because it makes it easier for them to predict what each other will do and coordinate their behaviour.” The CMA added: “At this stage, no assumptions should be made about whether the law has been broken” but “following a period of investigation and information gathering, the CMA may issue a statement of obj
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News
- Hotel chains investigated over potential cartel pricing [Yahoo! Finance]Yahoo! Finance
- Hotel chains investigated over potential cartel pricing [Yahoo! Finance Canada]Yahoo! Finance Canada
- A Look At Hilton Worldwide Holdings (HLT) Valuation After Recent Share Price Strength [Yahoo! Finance]Yahoo! Finance
- Hilton Worldwide (HLT) had its price target raised by Sanford C. Bernstein from $304.00 to $322.00.MarketBeat
- Hilton Worldwide (NYSE:HLT) had its price target raised by analysts at UBS Group AG from $312.00 to $360.00. They now have a "buy" rating on the stock.MarketBeat
HLT
Earnings
- 2/11/26 - Beat
HLT
Sec Filings
- 2/27/26 - Form 4
- 2/27/26 - Form 4
- 2/27/26 - Form 4
- HLT's page on the SEC website