Bombshell report suggests that the CCI will be investigating the OTA for engaging in repeated anti-competitive conduct – the truth may be another matter.
The judge's order in the Google antitrust case was a huge letdown for travel businesses that have tried to force changes to the way Google displays travel search results.
The U.K. opened an investigation into the transatlantic deal in 2018 due to concerns that the agreement could harm competition on routes from London to several U.S. cities.
Booking Holdings and Expedia spend billions of dollars each year to have their websites prioritized within Google search results pages, so any overcharging would hit them hard.
As with privacy concerns, the European Union is ahead of the U.S. when it comes to regulating digital platforms such as Google. European online travel companies aren't satisfied with Google's changes — but hotels think they go too far.
The market has become less skeptical of Choice's hostile takeover bid for Wyndham, despite many roadblocks. The Skift Travel 200 sheds light on the thinking behind this offer.
Booking Holdings CEO Glenn Fogel said the company would appeal the Spanish competition authority's $530 million draft decision if it becomes permanent.