The Spanish competition authority (CNMC) has accused Booking, an American online travel giant, of unfair competition for abusing its leading position in the market and imposing the best rates on its platform, following complaints from Spanish hoteliers' associations and travel providers.
The company could face a fine of €486 million.
This announcement comes just before the Digital Markets Act (DMA) takes effect on March 6. The DMA aims to fight against the anti-competitive practices of internet giants and address the imbalances created by their dominance in the European digital market. As of March 6, these companies will no longer be able to exercise self-preference by favoring their own services.
The European Commission is targeting 17 of the largest online platforms in the world. These platforms include Alibaba AliExpress, Amazon Store, Apple AppStore, Facebook, Google Play, Google Maps, Google Shopping, Instagram, LinkedIn, Pinterest, Snapchat, TikTok, X (formerly Twitter), Wikipedia, YouTube, Zalando, Bing, and Google Search. However, Booking and other online travel providers have not been classified as 'gatekeepers'. The European Commission defines gatekeepers as digital services with "a significant impact on the European internal market and a strong and sustainable position in their operations."
→ READ THE FULL ARTICLE
|