Italy’s antitrust regulator, AGCM, has concluded its investigation into the online travel platform Booking.com, determining that commitments offered by the company were sufficient to address the competition concerns initially raised. The decision, announced Thursday, comes months after the probe was launched in March to examine whether the platform abused its dominant position in the hotel booking market, according to Reuters.
The inquiry centered on Booking.com’s management of its Preferred Partner Programme. The AGCM had raised concerns that the programme’s practices could distort competition, particularly by influencing hotel pricing policies. The watchdog suggested that such actions might restrict consumer choice and inflate costs in the market for online hotel booking services across Italy.
Read more: Spain’s Antitrust Watchdog Slaps Booking.com with €413.2 Million Fine for Market Abuses
Per Reuters, Booking.com proposed a series of measures to alleviate these concerns. Among the key commitments, the company assured that hotel prices offered through other online channels would not influence the platform’s decisions when managing or promoting hotels in its Preferred Partner Programme.
The regulator deemed these assurances sufficient to mitigate the potential harm to competition, thereby deciding to close the investigation. While the AGCM will continue to monitor the market, this outcome signals a step forward for Booking.com in addressing regulatory scrutiny of its business practices.
Source: Reuters
Featured News
Electrolux Fined €44.5 Million in French Antitrust Case
Dec 19, 2024 by
CPI
Indian Antitrust Body Raids Alcohol Giants Amid Price Collusion Probe
Dec 19, 2024 by
CPI
Attorneys Seek $525 Million in Fees in NCAA Settlement Case
Dec 19, 2024 by
CPI
Italy’s Competition Watchdog Ends Investigation into Booking.com
Dec 19, 2024 by
CPI
Minnesota Judge Approves $2.4 Million Hormel Settlement in Antitrust Case
Dec 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
CPI
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
CPI
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
CPI
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
CPI