Booking Loses EU Court Fight Over ETraveli Deal
Booking Holdings lost its court challenge against an EU antitrust veto of its acquisition of ETraveli. Europes second-highest court upheld the regulatory decision, stating the deal would have strengthened Bookings dominant market position.
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Booking Holdings Inc lost its legal challenge against an EU antitrust veto of its €1.63 billion ($1.90 billion) ETraveli acquisition, as the bloc's second-highest court dismissed the case on Wednesday afternoon.
