Tag Archives: exploiting

CNMC fines Booking.com nearly USD 450 million for exploiting its dominant market position over the last 5 years

CNMC fines Booking.com nearly USD 450 million for exploiting its dominant market position over the last 5 years

Representative Image   Spain’s competitors watchdog authority, the CNMC, has discovered that on-line journey company Booking.com abused a dominant market position over the previous 5 years. It fined the firm Euros413.24 million (or round USD 447 million at present trade charges) for unfair phrases and proscribing rivals. The practices have affected motels positioned in Spain […]