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Responses of Major Tech Firms to Booking Holdings DMA Designation
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Resolution / Starting Odds
Advocate for similar regulations • 25%
Oppose the regulations • 25%
Request exemptions • 25%
No public response • 25%
Public statements or regulatory filings from major tech firms
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.
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Similar markets
Implement similar changes • 33%
Seek exemptions or extensions • 33%
No significant changes • 33%
Support TikTok • 25%
Oppose TikTok • 25%
Neutral stance • 25%
No public reaction • 25%
Major restructuring • 33%
Partnership with other firms • 33%
No significant change • 34%
Increase in market share • 33%
Decrease in market share • 33%
No significant change • 33%
Tech companies implement stricter AI controls • 25%
Tech companies take a moderate stance • 25%
Tech companies do not change AI policies • 25%
Tech companies push for government-led regulations • 25%
Supportive • 33%
Neutral • 33%
Opposed • 33%
Support TikTok • 25%
Oppose TikTok • 25%
Neutral or no response • 25%
Collaborate with government • 25%
Launch of a similar service • 25%
Acquisition of TikTok or its assets • 25%
No significant change in strategy • 25%
Partnership with other social media platforms • 25%
High compliance • 33%
Moderate compliance • 33%
Low compliance • 34%
Increase transparency in pricing • 33%
Modify algorithms for hotel listings • 33%
Enhance data portability for users • 33%
Seek alternative suppliers • 25%
Negotiate directly with Chinese suppliers • 25%
Lobby US government for policy change • 25%
No significant change in strategy • 25%
Continue operations as usual • 25%
Limit services • 25%
Withdraw services • 25%
No change announced • 25%