{"id":6181,"date":"2023-11-06T15:48:06","date_gmt":"2023-11-06T14:48:06","guid":{"rendered":"https:\/\/core-attorneys.com\/?p=6181"},"modified":"2023-11-06T15:58:45","modified_gmt":"2023-11-06T14:58:45","slug":"eu-kommission-geplante-uebernahme-von-etraveli-durch-booking-untersagt","status":"publish","type":"post","link":"https:\/\/core-attorneys.com\/en\/news-insights\/eu-kommission-geplante-uebernahme-von-etraveli-durch-booking-untersagt\/","title":{"rendered":"European Commission Prohibits Proposed Acquisition of eTraveli by Booking"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"6181\" class=\"elementor elementor-6181\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-5e192929 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"41309\" data-id=\"5e192929\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-328c9e8\" data-eae-slider=\"83674\" data-id=\"328c9e8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1457845 elementor-widget elementor-widget-image\" data-id=\"1457845\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"825\" height=\"495\" src=\"https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2023\/11\/EU-Commission_Booking-may-not-take-over-eTraveli.jpg\" class=\"attachment-full size-full wp-image-6183\" alt=\"EU-Kommission: Booking darf eTraveli nicht \u00fcbernehmen\" srcset=\"https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2023\/11\/EU-Commission_Booking-may-not-take-over-eTraveli.jpg 825w, https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2023\/11\/EU-Commission_Booking-may-not-take-over-eTraveli-300x180.jpg 300w, https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2023\/11\/EU-Commission_Booking-may-not-take-over-eTraveli-768x461.jpg 768w, https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2023\/11\/EU-Commission_Booking-may-not-take-over-eTraveli-18x12.jpg 18w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a76e28a\" data-eae-slider=\"58683\" data-id=\"a76e28a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-99081b4 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"99081b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">European Commission Prohibits Proposed Acquisition of eTraveli by Booking<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f29e2b elementor-widget elementor-widget-post-info\" data-id=\"5f29e2b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-685ec73 elementor-inline-item\" itemprop=\"about\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-tags\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-terms\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-post-info__terms-list\">\n\t\t\t\t<span class=\"elementor-post-info__terms-list-item\">Competition<\/span>, <span class=\"elementor-post-info__terms-list-item\">News<\/span>\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-d50ae70 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>06.11.2023<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-ec6c601 elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-user-circle\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-custom\">\n\t\t\t\t\t\t\t\t\t\tMario Strebel, Fabian Koch\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d17332b elementor-widget elementor-widget-text-editor\" data-id=\"4d17332b\" data-element_type=\"widget\" data-e-type=\"widget\" data-no-translation=\"\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>.elementor-element-4d17332b{display:none !important}<\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e6fdab6 elementor-widget elementor-widget-text-editor\" data-id=\"e6fdab6\" data-element_type=\"widget\" data-e-type=\"widget\" data-no-translation=\"\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>.elementor-element-e6fdab6{display:none !important}<\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0bcb7c3 elementor-widget elementor-widget-text-editor\" data-id=\"0bcb7c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-no-translation=\"\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>By decision of 25 September 2023, the European Commission (<a href=\"https:\/\/commission.europa.eu\/index_en\" target=\"_blank\" rel=\"noopener\">EU Commission<\/a>) has prohibited the proposed acquisition of Flugo Group Holdings AB (eTraveli) by Booking Holdings (Booking) for EUR 1.63 billion. The decision follows an in-depth <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/IP_22_6883\" target=\"_blank\" rel=\"noopener\">investigation<\/a> based on the European Merger Regulation (<a href=\"https:\/\/eur-lex.europa.eu\/legal-content\/EN\/TXT\/PDF\/?uri=CELEX:32004R0139\" target=\"_blank\" rel=\"noopener\">EUMR<\/a>), which the EU Commission had already opened in November 2022. In the USA and UK, on the other hand, the proposed transaction was cleared without conditions or obligations.<\/p><p>Booking and eTraveli are both leading providers of online travel agency services (OTA services). Booking is leading in the hotel accommodation sector, while eTraveli is primarily active in the online flight agency sector. Booking also provides metasearch services (MSS) for accommodation, car rentals and flights, mainly through its price comparison platform KAYAK.<\/p><p>The EU Commission found that Booking holds a dominantposition with a market share of over 60% in the market for online hotel booking in the EEA. The acquisition of eTraveli would therefore have allowed Booking to further strengthen its dominant position in the market for hotel portals. Among other things, this would have enabled Booking to expand the customer acquisition channel of online flight bookings, which is central to its core business, and to become the most important player in Europe also in this area. The acquisition would have subsequently enabled Booking to expand its digital travel services ecosystem. This, combined with customer inertia and network effects, would have made Booking&#8217;s dominant position in the market for hotel portals less contestable, with prognostically higher costs for hotels and consumers.<\/p><p>Booking offered the remedy to display a selectionscreen on the check-out page of the flight agency with offers from competing hotel portals. However, this measure was unable to address the EU Commission&#8217;s competition concerns.<\/p><p>The EU Commission&#8217;s decision is remarkable as it deals with the creation or strengthening of a digital ecosystem as central theoryofharm. It could indicate that the EU Commission may take a tougher stance on transactions in the digital sector. However, the decision could be objected to by the fact that smaller, independent hotels without booking platforms as multipliers are regularly unable to reach sufficient range and (potential) guests. Also, from a customer&#8217;s point of view, it does not seem unreasonable to favour providers that offer an entire range of tourism services integrated on one portal (&#171;<em>One stop shop<\/em>&#171;). Booking has already announced that it will appeal against the decision of the EU Commission. It is therefore now up to the courts to assess the prohibition.<\/p><p>The press release of the EU Commission can be found under the link <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_23_4573\" target=\"_blank\" rel=\"noopener\">here<\/a>.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c0b3fb0 elementor-widget elementor-widget-text-editor\" data-id=\"c0b3fb0\" data-element_type=\"widget\" data-e-type=\"widget\" data-no-translation=\"\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>CORE Attorneys is a boutique law firm in Switzerland, focusing on <a href=\"https:\/\/core-attorneys.com\/en\/expertise\/wettbewerbsrecht\/\">competition\/antitrust law<\/a>, <a href=\"https:\/\/core-attorneys.com\/en\/expertise\/regulierung\/\">regulatory<\/a> and <a href=\"https:\/\/core-attorneys.com\/en\/expertise\/vertriebsrecht\/\">distribution law<\/a> matters. Visit our <a href=\"https:\/\/core-attorneys.com\/en\/news-insights\/\">News &amp; Insights<\/a> and follow us on <a href=\"https:\/\/www.linkedin.com\/company\/core-attorneys\">LinkedIn<\/a> for regular updates on all our focus areas.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Mit Beschluss vom 25. September 2023 untersagte die Europ\u00e4ische Kommission (EU-Kommission) die geplante \u00dcbernahme der Flugo Group Holdings AB (eTraveli) durch Booking Holding (Booking) f\u00fcr EUR 1.63 Mrd. Die Entscheidung folgt einer eingehenden Untersuchung basierend auf der Europ\u00e4ischen Fusionskontrollverordnung (FKVO),&#8230;<\/p>","protected":false},"author":1,"featured_media":6183,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"EU-Kommission: Geplante \u00dcbernahme von eTraveli durch Booking untersagt","_seopress_titles_desc":"EU-Kommission: Geplante \u00dcbernahme von eTraveli durch Booking untersagt","_seopress_robots_index":"","_seopress_analysis_target_kw":"","footnotes":""},"categories":[10,9],"tags":[433,440,334,335,439,437,421,149,46,438,428,48,436,441,443,426,442,105,56,106,82,430,425,431,424,44],"class_list":["post-6181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-competition","category-neuigkeiten","tag-abhilfemassnahmen","tag-auswahlbildschirm","tag-booking","tag-booking-com","tag-digital","tag-etraveli","tag-eu-kommission","tag-europaeische-kommission","tag-fkvo","tag-flugo-group-holdings-ab","tag-flugvermittlung","tag-fusionskontrolle","tag-fusionskontrollverordnung","tag-hotelplattform","tag-hotelportal","tag-hotelunterkuenfte","tag-hotelvermittlung","tag-kartellgesetz","tag-kartellrecht","tag-kg","tag-marktbeherrschende-stellung","tag-oekosystem","tag-online-reisebuerodienste","tag-reisedienstleistungen","tag-zusammenschluss","tag-zusammenschlusskontrolle"],"_links":{"self":[{"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/posts\/6181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/comments?post=6181"}],"version-history":[{"count":18,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/posts\/6181\/revisions"}],"predecessor-version":[{"id":6201,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/posts\/6181\/revisions\/6201"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/media\/6183"}],"wp:attachment":[{"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/media?parent=6181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/categories?post=6181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/tags?post=6181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}