Spain’s CNMC Fines Booking.com €413 Million for Anticompetitive Practices

The Spanish competition authority, Comisión Nacional de los Mercados y la Competencia (CNMC), has imposed a substantial fine of €413.24 million (approximately $447 million) on the online travel agency Booking.com. The fine, announced on Tuesday, stems from findings that the company abused its dominant market position over the past five years, particularly affecting hotels in […]

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