The European Union's highest court has rejected a case brought by hotels arguing Airbnb should be subject to strict rules governing French estate agents.

The case was submitted by a French court after a major association of hotels, including leading chains such as Best Western, filed a complaint. The hotel industry in France, like in many other countries across the world, accuses the online rental platform of unfair competition.

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Hotel owners want Airbnb to follow real estate agent accounting, insurance and other financial rules. But Airbnb denies acting as a real estate agent.

The Court of Justice issued a non-binding opinion Tuesday, saying a member state cannot restrict the free movement of an information society service like Airbnb.

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