EU blocks Booking's takeover of Swedish online agency eTraveli

The European Commission says it blocked the €1,63 billion acquisition to protect consumers.

Author  HrTurizam.hr

26. September 2023.
The commission on Monday blocked US travel company Booking.com from taking over Swedish rival eTraveli over concerns that the acquisition would strengthen Booking's market position too much. According to the Commission, Booking currently holds more than 60 percent of the European market share in digital reservations of tourist accommodation. The Swedish company eTraveli specializes in comparison services c...
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Author  HrTurizam.hr

26. September 2023.