Monday, September 25, 2023

EU blocks Booking.com's €1.63B acquisition of Etraveli, saying Booking failed to allay concerns that the deal bolsters its dominance in the hotel OTA market (Foo Yun Chee/Reuters)

Foo Yun Chee / Reuters:
EU blocks Booking.com's €1.63B acquisition of Etraveli, saying Booking failed to allay concerns that the deal bolsters its dominance in the hotel OTA market  —  Booking Holdings' (BKNG.O) proposed 1.63-billion-euro ($1.7 billion) purchase of Swedish peer ETraveli Group was blocked …



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