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  • European Commission Blocks Acquisition of Etraveli Group by Booking Holdings

    European Commission Blocks Acquisition of Etraveli Group by Booking Holdings

    The European Commission (EC) has today officially declared that it is prohibiting the proposed acquisition of Etraveli Group, by Booking Holdings (Booking). The European Commission's conclusion is that the acquisition of Etraveli Group by Booking would have resulted in Booking further consolidating its position in the market for hotel online travel agencies (OTAs) in the European Economic Area (EE