A PYMNTS Company

Hungary: Booking.com facing cartel probe

By  |  March 26, 2017

The Hungarian and Dutch operations of online lodging search website Booking.com are facing a probe by the Hungarian Competition Authority on suspicion of cartel activity, GVH spokeswoman Andrea Basa confirmed to Hungarian radio station Trend FM, according to local media reports.

Online economic news website portfolio.hu reported that GVH agents had carried out a house search without prior warning at the companyʼs Hungarian offices, based on a court warrant.

The GVH believes that the platform of Booking.com has made it possible for advertisers to synchronize their prices. GVH therefore launched a probe into Booking.com Hungary Kft. and Booking.com International.

Full Content: Global Competition Review

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.