EU Blocks Booking.com's €1.6B Takeover Of Online Travel Biz

By Najiyya Budaly ( September 25, 2023, 11:24 AM BST) -- The European Union's competition authority said Monday that it has blocked the proposed €1.63 billion ($1.73 billion) acquisition by Booking.com of a Swedish online travel agent after finding that the deal would strengthen the U.S. company's dominant position in the bloc....

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