La Audiencia Nacional paraliza la multa millonaria de la CNMC a Booking
💸 Booking.com, faced a €413 million fine imposed by Spain's CNMC in July 2024 for abuse of dominance, violating competition laws. The company appealed in November 2024 to the Audiencia Nacional, which suspended the fine. The initial penalty prompted Booking Holdings to report a €486 million loss for the year ending December 31, 2023, but this was later adjusted to a reduced provision of €72 million as of June 30, 2024. The fine arose from complaints by Spanish hotel associations in 2021.
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