HARTFORD, Conn. (AP) – Connecticut’s attorney general says he’s reached a settlement with two hotel owners and a hotel management company over his accusations that they fixed room rates.
Attorney General George Jepsen said Thursday he reached a settlement with two related companies, McSam Hotel Group LLC and Metro Ten Hotel LLC, both of Great Neck, N.Y., and Jamsan Hotel Management Inc. of Lexington, Mass.
He said two hotels in Hartford and one in Waterbury shared information at least once a day about occupancy and room rates to fix rates. Fixing rates violates the state’s antitrust and Unfair Trade Practices Act.
The hotels did not immediately return calls seeking comment.
Jepsen said the companies did not admit liability. The settlement requires the companies to pay a combined $50,000 civil penalty and stop the practice.
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