Friday, November 22, 2024
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Booking latest to fall under EU market power rules

Booking.com has been designated a gatekeeper under the bloc’s Digital Markets Act (DMA), meaning the online travel agency will face regulation under the bloc’s market fairness and contestability framework — with the risk of major fines (of up to 10% or even 20%) for non-compliance. The travel platform has been given six months to comply […]

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