Booking faces $530m fine in Spanish competition probe
Travel website Booking.com said it faces a record fine in Spain ahead of a landmark EU content law coming into force next month. Spain's antitrust watchdog CNMC launched a probe in 2022 into whether the online platform committed anti-competitive practices. The CNMC could hit Booking.com with a $530 million fine, which the company said on Thursday would be the authority's largest ever.