FIFA World Cup partner faces antitrust probe


Rio de Janeiro, Aug 17 (IANS): The company responsible for 2014 World Cup ticketing and accommodation has been accused of uncompetitive behaviour by Brazil's public prosecutor's office.

MATCH Services AG, an official FIFA partner, is operating a ticket sales "monopoly", a spokesperson for the prosecutor's office was quoted telling local media Friday, reports Xinhua.

The Zurich-based company has also acquired "considerable market power" over hotel availability due to its ability to reserve rooms in advance, the complaint said.

Brazil's antitrust watchdog, CADE, says it will analyse the complaint before deciding whether to launch an official investigation.

According to Brazilian tourism agency Embratur, hotel rates will rise as much as 600 percent during the month-long event, beginning June 12 next year.

Rio de Janeiro, which will host the final July 13, is the most expensive city with daily hotel prices averaging $461.

  

Top Stories


Leave a Comment

Title: FIFA World Cup partner faces antitrust probe



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.