Booking Hit by EU’s Crackdown on Powerful Tech Platforms
- Travel site is designated as a ‘gatekeeper’ under EU’s DMA
- X avoids rules for now as officials open probe into its status
Booking Holdings Inc.’s travel services platform became the latest technology business to be targeted by the European Union’s crackdown on technology firms’ market power.
The move means the firm has six months to make sure it complies with a raft of preemptive measures under the EU’s flagship Digital Markets Act, aimed at preventing competition abuses before they take hold.