{"id":32975,"date":"2023-07-08T06:26:18","date_gmt":"2023-07-08T10:26:18","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/travel-agency-booking-to-defend-etraveli-deal-at-july-7-eu-hearing\/"},"modified":"2023-07-08T06:26:19","modified_gmt":"2023-07-08T10:26:19","slug":"travel-agency-booking-to-defend-etraveli-deal-at-july-7-eu-hearing","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=32975","title":{"rendered":"Travel agency Booking to defend ETraveli deal at July 7 EU hearing"},"content":{"rendered":"
\n
\n

\u00a9 Reuters. FILE PHOTO: Sunglasses with the logo of Booking.com are seen at the new Booking.com customers site in Tourcoing, France, October 4, 2019. REUTERS\/Pascal Rossignol\/File Photo<\/span>
\n<\/i>\n<\/div>\n

By Foo Yun Chee<\/p>\n

BRUSSELS (Reuters) – Online travel agency Booking Holdings (NASDAQ:) will on Friday try to convince European Union antitrust regulators to allow its 1.63 billion euro ($1.8 billion) acquisition of Sweden’s Etraveli Group, despite concerns it could hurt competition. <\/p>\n

Booking announced its bid for peer Etraveli, owner of the brands Gotogate and Mytrip and operator of airline content distribution services provider TripStack, in November 2021. Etraveli is owned by private equity firm CVC Capital. <\/p>\n

The European Commission said last month the deal will make it harder for rivals to compete with market leader Booking, by reinforcing its position in hotels and further expanding its reach into travel services like flights and car rentals. <\/p>\n

Booking will attempt to address regulators’ concerns at a closed hearing in Brussels on Friday, Booking told Reuters via email. <\/p>\n

Senior officials from the EU competition watchdog and national antitrust agencies, as well commission lawyers, will participate in the hearing. <\/p>\n

Booking may have to offer remedies following the hearing to prevent a veto on the deal. The Commission is scheduled to decide on the matter by Aug. 30.<\/p>\n

Booking’s brands include Booking.com, Priceline, Agoda, KAYAK, Rentalcars.com and OpenTable.<\/p>\n

($1 = 0.9189 euros) <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. FILE PHOTO: Sunglasses with the logo of Booking.com are seen at the new Booking.com customers site in Tourcoing, France, October 4, 2019. REUTERS\/Pascal Rossignol\/File Photo By Foo Yun Chee BRUSSELS (Reuters) – Online travel agency Booking Holdings (NASDAQ:) will on Friday try to convince European Union antitrust regulators to allow its 1.63 billion […]<\/p>\n","protected":false},"author":1,"featured_media":32976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-32975","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nTravel agency Booking to defend ETraveli deal at July 7 EU hearing | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. FILE PHOTO: Sunglasses with the logo of Booking.com are seen at the new Booking.com customers site in Tourcoing, France, October 4, 2019.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=32975\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Travel agency Booking to defend ETraveli deal at July 7 EU hearing | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. FILE PHOTO: Sunglasses with the logo of Booking.com are seen at the new Booking.com customers site in Tourcoing, France, October 4, 2019.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=32975\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-08T10:26:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-08T10:26:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/Bookingcom_800x533_L_1598024335.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=32975#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=32975\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Travel agency Booking to defend ETraveli deal at July 7 EU hearing\",\"datePublished\":\"2023-07-08T10:26:18+00:00\",\"dateModified\":\"2023-07-08T10:26:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=32975\"},\"wordCount\":239,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=32975#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=32975\",\"url\":\"https:\/\/ifintechworld.com\/?p=32975\",\"name\":\"Travel agency Booking to defend ETraveli deal at July 7 EU hearing | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-07-08T10:26:18+00:00\",\"dateModified\":\"2023-07-08T10:26:19+00:00\",\"description\":\"\u00a9 Reuters. FILE PHOTO: Sunglasses with the logo of Booking.com are seen at the new Booking.com customers site in Tourcoing, France, October 4, 2019.\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=32975#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=32975\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=32975#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Travel agency Booking to defend ETraveli deal at July 7 EU hearing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Travel agency Booking to defend ETraveli deal at July 7 EU hearing | iFintechWorld","description":"\u00a9 Reuters. FILE PHOTO: Sunglasses with the logo of Booking.com are seen at the new Booking.com customers site in Tourcoing, France, October 4, 2019.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=32975","og_locale":"en_US","og_type":"article","og_title":"Travel agency Booking to defend ETraveli deal at July 7 EU hearing | iFintechWorld","og_description":"\u00a9 Reuters. FILE PHOTO: Sunglasses with the logo of Booking.com are seen at the new Booking.com customers site in Tourcoing, France, October 4, 2019.","og_url":"https:\/\/ifintechworld.com\/?p=32975","og_site_name":"iFintechWorld","article_published_time":"2023-07-08T10:26:18+00:00","article_modified_time":"2023-07-08T10:26:19+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/Bookingcom_800x533_L_1598024335.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=32975#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=32975"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Travel agency Booking to defend ETraveli deal at July 7 EU hearing","datePublished":"2023-07-08T10:26:18+00:00","dateModified":"2023-07-08T10:26:19+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=32975"},"wordCount":239,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=32975#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=32975","url":"https:\/\/ifintechworld.com\/?p=32975","name":"Travel agency Booking to defend ETraveli deal at July 7 EU hearing | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-07-08T10:26:18+00:00","dateModified":"2023-07-08T10:26:19+00:00","description":"\u00a9 Reuters. FILE PHOTO: Sunglasses with the logo of Booking.com are seen at the new Booking.com customers site in Tourcoing, France, October 4, 2019.","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=32975#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=32975"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=32975#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Travel agency Booking to defend ETraveli deal at July 7 EU hearing"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/32975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32975"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/32975\/revisions"}],"predecessor-version":[{"id":32977,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/32975\/revisions\/32977"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/32976"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}