Are the European Competition Authorities making a less anticompetitive market more anticompetitive? The Booking.com saga

July 8, 2015

(by Pinar Akman) There are at least seven national competition authorities in the EU alone which have recently dealt with or are currently dealing with most-favoured-customer (MFC) clauses adopted by online platforms such as Booking.com, Expedia, iBookstore, Amazon, etc. One of the most recent developments has been the acceptance of commitments offered by Booking.com to the French, Swedish and Italian competition authorities. The acceptance of the said commitments might represent at best an ineffectual solution to any problem existing on the relevant market. In the worst case scenario, the commitments may have pushed the industry from a potentially less-anticompetitive equilibrium to a potentially more-anticompetitive equilibrium. Read the rest of this entry »