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Booking and EU merger regulators spar over ‘counterfactual’

By Andrew Boyce ( July 8, 2025, 14:54 GMT | Insight) -- Booking argued in court today that EU regulators wrongly blocked its takeover of flight-booking service Etraveli based on a speculative “counterfactual” that predicted that the online travel giant would sell “zero flights” on its platform if the deal didn’t go ahead. The European Commission dismissed that pleading as “a hoax.” Much of the hearing centered on a long-running partnership between Booking and Etraveli, agreed before the merger and extended several times since, with judges questioning whether it should be examined under EU antitrust rules.EU regulators erroneously blocked Booking’s takeover of flight-booking service Etraveli based on a speculative “counterfactual” that predicted that the online travel giant would sell “zero flights” on its platform if the deal didn’t go ahead, the company told the bloc’s judges today....

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