All Updates

All Updates

icon
Filter
Regulation/policy
Booking.com designated as 'gatekeeper' under EU's Digital Markets Act
Travel Tech
May 13, 2024
This week:
Robinhood launches joint investment accounts
Retail Trading Infrastructure
Jul 25, 2024
Partnerships
eToro partners with London Stock Exchange to expand UK stock offerings
Retail Trading Infrastructure
Jul 25, 2024
Funding
StorMagic secures funding from Palatine Growth Credit Fund
Edge Computing
Jul 25, 2024
Funding
Archera raises USD 17 million in Series B funding for product development and recruitment
Cloud Optimization Tools
Jul 25, 2024
Funding
Alto Neuroscience receives grant of USD 11.7 million to support Phase IIb clinical trials of ALTO-100
Precision Medicine
Jul 25, 2024
Partnerships
Quest Diagnostics and BD partner to develop flow cytometry-based companion diagnostics for cancer and other diseases
Precision Medicine
Jul 25, 2024
Product updates
USPACE Technology Group Limited unveils commercial optical satellites and related aerospace products
Next-gen Satellites
Jul 25, 2024
Industry news
Sweden issues study on Gripen fighter jet’s satellite launch capability
Next-gen Satellites
Jul 25, 2024
Product updates
Regulation/policy
Terran Orbital receives certification for new manufacturing facility to begin production
Next-gen Satellites
Jul 25, 2024
Partnerships
Crisalion Mobility partners with Air Chateau for pre-order of eVTOL aircraft
Passenger eVTOL Aircraft
Jul 25, 2024
May 13, 2024

Booking.com designated as 'gatekeeper' under EU's Digital Markets Act

Regulation/policy

  • Booking.com has been identified as a gatekeeper under the European Union's Digital Markets Act (DMA), which introduces new regulations and penalties for noncompliance. It now has six months to comply with the majority of the requirements outlined in the DMA.

  • Booking.com’s status as a gateway between businesses and customers is now considered significant, reaching the threshold of 45 million monthly active users and over 10,000 yearly active business users. There are specific obligations Booking.com must meet such as rules against self-preference, terms for business users, and notifying the EU of intended acquisitions. Non-compliance can lead to significant fines of up to 10% (or 20% for repeat offenders) of their annual revenue.

  • This designation places Booking.com alongside seven other tech companies—Alphabet, Amazon, Apple, ByteDance, Meta, and Microsoft—already classified as gatekeepers.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.