Spain fines booking.com $750m over competition concerns

Spanish officials say booking.com restricted competition of other online travel agencies. (Image: Depositphotos)

Sat, 03 Aug 2024

By Cristina GallardoSpain’s competition regulator has fined booking.com €413.2 million (NZ$750m), saying the online travel company abused its dominant market position in the country over the past five years.The watchdog, known as CNMC, said this week that since at least early 2019, booking.com set several unfair conditions that haven’t been the same for all Spanish hotels using the platform for their bookings.These included preventing hotels from offering lower prices for their rooms than those advertised on booking.com, while...

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