Booking.com's price curbs on hotels may hinder competition, EU top court says

Quick Summary:

BRUSSELS : Booking.com's restrictions against hotels offering lower rates on their websites or on rival sites are unnecessary and could reduce competition, Europe's top court said on Thursday in a ruling targeting a widely used practice in the industry.

The Luxembourg-based Court of Justice of the European Union (CJEU) said there was no evidence to justify them.

The case is C-264/23 Booking.com and Booking.com (Deutschland).

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Category: EconomyBusiness

Markets: SingaporeFranceGermanyLuxembourg

Topics: Sites Booking Platforms Hotels Clauses Websites Court Competition Rival Restrictions Parity

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-19 @ 18:24:12 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22591636

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Year Established: 1999

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News Last Updated: 16 hours ago

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