EU Antitrust Regulators Expected To Warn Booking Holdings On Its Etraveli Deal
Portfolio Pulse from Happy Mohamed
EU antitrust regulators are expected to warn Booking Holdings (BKNG) about its proposed acquisition of Etraveli, as it may reduce competition in the online travel agency market.

May 25, 2023 | 3:58 pm
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Booking Holdings' proposed acquisition of Etraveli may face warnings from EU antitrust regulators, potentially impacting the deal and the company's expansion plans.
The news indicates that EU antitrust regulators are expected to warn Booking Holdings about its proposed acquisition of Etraveli. This warning may lead to potential regulatory hurdles, which could negatively impact the deal and the company's expansion plans. As a result, the stock price of BKNG may face short-term downward pressure.
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