La CNMC multa a Booking.com con 413 millones €
💸 Spain's CNMC fined Booking.com €413 million on July 30, 2024, for abusing its dominant position and breaching competition laws. Booking's market share in Spain ranged from 70% to 90% during the investigation period. The fine addresses two continuous infringements: imposing unfair commercial conditions on Spanish hotels and restricting competition for other online travel agencies. Booking.com, which plans to appeal, had previously set aside $530 million in its 2023 accounts for an anticipated CNMC decision. The fine comprises two penalties of €206.62 million each. The CNMC also imposed behavioral obligations on Booking.com to prevent future similar conduct.
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