Judges side with EU regulators in blocking Booking’s acquisition of ETraveli
Cyprus Mail1 newsroom
Picture: Cyprus Mail
Booking Holdings (BKNG.O) on Wednesday lost its fight against an EU antitrust veto of its €1.63 billion ($1.90 billion) ETraveli acquisition three years ago, as Europe’s second-highest court sided with regulators. The European Commission, in its 2023 decision, said the deal would have created a travel ecosystem for Booking, leaving rivals unable to…