Loading...
Market
Penalties for Booking Holdings Non-Compliance with DMA
5
Resolution / Starting Odds
Financial Penalty • 33%
Operational Restrictions • 33%
No Penalty • 34%
EU regulatory announcements or legal documents
Story
EU Designates Booking Holdings as 'Gatekeeper', Subjects to Strict Regulations
May 13, 2024, 10:40 AM
The European Union has recently designated Booking Holdings as a 'gatekeeper' under the Digital Markets Act (DMA), subjecting it to stringent regulatory obligations. This designation comes as part of the EU's ongoing efforts to regulate the market power of major technology firms. Booking Holdings, which had previously advocated for the DMA in hopes of benefiting from Google's similar designation, now finds itself under the same regulatory scrutiny. The company has been given six months to comply with the DMA regulations and submit a detailed compliance report. Additionally, the EU has launched an investigation into the regulatory status of the social media network X.
View original story
Similar markets
Increase in market value • 33%
Decrease in market value • 33%
Market value remains stable • 34%
Increase in market share • 33%
Decrease in market share • 33%
No significant change • 33%
No penalty • 20%
Warning only • 20%
Minor fines • 20%
Major fines • 20%
Operational restrictions • 20%
Major restructuring • 33%
Partnership with other firms • 33%
No significant change • 34%
Market share increases • 33%
Market share decreases • 33%
Market share remains stable • 34%