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Market
Will the EU impose penalties on Booking.com for non-compliance by November 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
European Union official notifications or major news outlets reporting.
Story
EU Designates Booking.com as 'Gatekeeper', Sets 6-Month Compliance Deadline
May 13, 2024, 10:10 AM
The European Union has designated Booking.com, operated by U.S.-based Booking Holdings, as a 'gatekeeper' under the Digital Markets Act (DMA), subjecting it to stringent regulatory requirements. This designation aims to enhance competition by providing holidaymakers with more choices and offering hotels greater business opportunities. Booking.com has been given six months to comply with these regulations and must submit a detailed compliance report. Concurrently, the EU is investigating the regulatory status of the social media network X.
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No Penalty • 34%
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No action • 34%