The European Commissioner for Competition and Justice, Didier Reynders, announced, on Monday 25 September, that the European Commission had decided not to authorise the proposed acquisition of Flugo Group Holdings AB (eTraveli) by Booking Holdings (Booking). Both companies are active in the market for online travel agency services.
The Commission confirmed the concerns expressed in its preliminary opinion in June(see EUROPE B13064A24, B13199A28). It considered that the proposed acquisition...