Suspensión de la multa de CNMC, condicionada a que Booking aporte garantías
📌 The Audiencia Nacional suspended a multimillion-euro fine imposed on Booking by the CNMC, which is subject to Booking providing a bank guarantee or legally admissible guarantee for the amount of the fine within two months. Tourism&Law, advising AEHM in this judicial proceeding, views the suspension as expected under such legal challenges. The CNMC's July 29, 2024 resolution issued a record-breaking 413.24 million euros in fines to Booking, the highest in the regulator's history. Booking must also adhere to new behavioral requirements towards Spanish hotel establishments. If Booking fails to verify the guarantee, the suspension won't occur, and the Administration can collect the fine.
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