TY - JOUR
T1 - The blocking of Booking/Etraveli – When the first victim of EU’s anti-US tech stand was a European
AU - Bergqvist, Christian
PY - 2024
Y1 - 2024
N2 - It came somewhat unexpected when Dutch Booking's acquisition of Swedish Etraveli was blocked in the EU as the parties operated in two separate segments of the online economy, hotel accommodation and flight booking, making the merger unproblematic under normal circumstances. However, in the digital economy, nothing is normal as enforcement has tightened, mostly vis-à-vis US tech giants but apparently also vis-à-vis European undertakings. Interestingly, customers' unwillingness to shop around for offers, as otherwise accepted by, e.g., the UK authority, played a role in the outcome. The decision has been challenged before the EU's General Court, providing a case to watch.
AB - It came somewhat unexpected when Dutch Booking's acquisition of Swedish Etraveli was blocked in the EU as the parties operated in two separate segments of the online economy, hotel accommodation and flight booking, making the merger unproblematic under normal circumstances. However, in the digital economy, nothing is normal as enforcement has tightened, mostly vis-à-vis US tech giants but apparently also vis-à-vis European undertakings. Interestingly, customers' unwillingness to shop around for offers, as otherwise accepted by, e.g., the UK authority, played a role in the outcome. The decision has been challenged before the EU's General Court, providing a case to watch.
U2 - 10.1016/j.clsr.2024.106025
DO - 10.1016/j.clsr.2024.106025
M3 - Journal article
SN - 0267-3649
VL - 54
JO - Computer Law and Security Review
JF - Computer Law and Security Review
M1 - 106025
ER -