garvey-schubert-barer (LexBlog Russia)
Online Travel Update: Russian authorities impose antitrust penalty on Booking.com and individual branded properties decided to join Tripadvisor’s subscription service
Russian Authorities Impose Anti-Trust Penalty on Booking.com(“Booking.com Faces $17.5 Million Competition Fine in Russia,” August 26, 2021 via Skift) (subscription may be required)Russia’s federal antimonopoly service (FAS) announced that it was imposing a $17.5 million dollar fine on Booking.com for its alleged abuse of its market dominant position. The fine comes nine months after FAS...
Online Travel Update: Agoda adds installment payments, and Expedia scales back its non-core businesses while its competitors press forward
We end 2020 with a heavy dose of antitrust/competition stories (which is a theme likely to continue into 2021), including updates from Russia, Croatia and the European Union. Those of you with properties in those markets may soon find new opportunities and methods to compete.