The European Union on Monday, May 13, added Dutch online travel giant Booking.com to its list of digital companies that are big enough to fall under tougher competition rules. Booking.com, whose parent company Booking Holdings is headquartered in the United States, now has six months to prepare for compliance with the landmark Digital Markets Act (DMA).
Brussels also said it would investigate whether social media platform X, owned by tech billionaire Elon Musk, can be exempted from the rules. The former Twitter has filed a rebuttal arguing that “despite meeting the thresholds, X does not qualify as an important gateway between businesses and consumers,” said the European Commission, whose probe should wrap up within five months.
The EU has already named six market “gatekeepers” that have to comply with the DMA: Google…
