Booking vows to appeal Spanish EUR413 million antitrust fine
By Tono Gil and Nicholas Hirst ( July 30, 2024, 12:58 GMT | Insight) -- Accommodation platform Booking has said it will challenge the Spanish competition authority’s decision to fine it a record 413 million euros ($447 million), for abusing its dominant position to the detriment of hotels and online travel agencies. The company said that the EU’s Digital Markets Act is “the right forum to discuss and assess the majority of these issues, presenting an opportunity to agree on solutions that apply across Europe, rather than country by country.”Accommodation platform Booking has said it will challenge the Spanish competition authority’s decision to fine it a record 413 million euros ($447 million), for abusing its dominant position to the detriment of hotels and online travel agencies....
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