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Europe Daily Bulletin No. 7906

19 February 2001
Contents Publication in full By article 25 / 50
GENERAL NEWS / (eu) eu/competition
Commission authorises creation by Accor of two joint ventures with Forte and Hilton in travel sector

Brussels, 19/02/2001 (Agence Europe) - The European Commission has approved the creation of two joint undertakings, by the French and British hotel chains, Forte and Hilton, in the hotel reservation by Internet sector. In one case, it is an on-line travel agency and, in the other, a global reservation system by Internet. After analysing these new constantly evolving markets and the hotel sector market shares held by the parent companies, the Commission concluded that the operation is not...

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