The following is an excerpt from JP Morgan’s daily property intelligence report covering key developments in the property market. The Competition & Consumer Commission of Singapore (CCCS) has issued a proposed infringement decision (PID) against the owners and operators of certain hotels in Singapore, in relation to the alleged discussion and exchange of confidential, customer-specific and commercially sensitive information (in connection with the provision of hotel room accommodation in Singapore to corporate customers) with intention to reduce competitive pressures on prices and contract terms. The infringement took place before 30-Jun-15 and the parties have six weeks from 2-Aug-18 to respond to CCCS on the PID. According to Bloomberg, the hotel owners/operators include Ascendas Frasers, Frasers Hospitality Trustee, Far East Organization Centre, Far East Hospitality Management (S), OUE Airport Hotel and Inter-Continental Hotels (Singapore). The hotels include Capri by Fraser Changi City Singapore, Village Hotel Changi, Village Hotel Katong, Crowne Plaza ......