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2024-07-30 12:09:13

Jan Penfrat on Nostr: Online travel platform #Booking.com was fined €413 million by #Spain’s #antitrust ...

Online travel platform #Booking.com was fined €413 million by #Spain’s #antitrust agency for unfairly curbing hotels’ discounts and squeezing out rival travel agencies.

The regulator said Booking also abuses its dominant market position by rewarding hotels to use Booking and shun rivals. The authority said Booking also restricts its partner programs to hotels with higher profitability.

Source: Politico Europe

#DMA #DigitalMarketsAct #competition #CompetitionLaw #gatekeeper
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