GVH initiates an accelerated procedure against Booking.com

By: Trademagazin Date: 2023. 08. 15. 11:54

The Economic Competition Authority (GVH) is launching an accelerated sectoral investigation against the Dutch accommodation broker Booking.com, because the company did not pay its debts to the Hungarian accommodation providers. The tourist agency launched a legal aid service.

The subcommittee is investigating what steps are needed to prevent a large multi-company from abusing its dominant position and accumulating debts of several billions.

According to Kristóf Szatmáry (Fidesz), the chairman of the meeting, it is not true that the service provider has settled all its debts to the Hungarian accommodation providers. It turned out that not all companies had access to their accounts receivable. The current “pressure” case will not be closed until all companies get their money, he added after the meeting. All proposed changes to the law will be examined so that such violations do not occur again. If the payments are not made by the beginning of next week, the measures will be continued, perhaps another committee meeting will be held – said Kristóf Szatmáry.