💨 Abstract

The European Commission has designated Booking.com as a "gatekeeper" under the Digital Markets Act, imposing stringent obligations for content moderation, fair competition, and easier consumer switching. As a gatekeeper, Booking.com must comply with fines of up to 10% of its worldwide turnover for non-compliance, with the penalty rising to 20% for repeated infringements. The Commission can also limit takeover activity.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖