Booking.com Announces Intent to Appeal Bundeskartellamt Ruling
Amsterdam (ots/PRNewswire) - Today the German competition authority, the Bundeskartellamt (BKartA) issued a prohibition decision against Booking.com, an operating business of The Priceline Group [NASDAQ: PCLN], in respect of its narrow MFN clauses in its agreements with accommodation partners in Germany. Booking.com strongly contests the BKartA's arguments and intends to appeal the BKartA's decision. The BKartA is the ...