The EU Commission has blocked Bookings 1.6bn takeover of Swedish online travel agency Etraveli, citing competition concerns.

Meanwhile, Etraveli is the number two provider of flight services.

40% off TNW Conference!

EU blocks Booking’s €1.6B takeover of online travel agency Etraveli

The Commission claims that the solution would still favour Booking.

In response, the travel giant announced its intention to appeal.

The company noted that it will continue working together with Etraveli, extending their partnership through 2028.

Ioanna Lykiardopoulou

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

Also tagged with