Expedia, Booking.com voluntarily extend 'price parity' antitrust commitments
By Arezki Yaïche and Nicholas Hirst ( August 14, 2020, 16:25 GMT | Insight) -- Hotel booking sites Expedia and Booking.com have voluntarily extended commitments made to several European competition regulators to not impose "price-parity" clauses on hotels that offer room reservations to rival platforms. However, competition concerns persist in many EU member states as hoteliers call for a permanent ban on the practice.Hotel booking sites Expedia and Booking.com have voluntarily extended commitments made to several competition regulators to not impose certain "price-parity" clauses in the EU on hotels that offer rooms online....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.