MILAN, Dec 19 (Reuters) - Italy's competition watchdog
AGCM closed an investigation into Booking.com as it
found commitments offered by the online travel platform
sufficient to address the competition concerns it had raised, it
said on Thursday.
AGCM opened in March a probe into Booking.com to establish
whether the travel website was abusing its dominant market
position with its hotel price policy.
The regulator said the way Booking.com's Preferred Partner
Programme was handled "seemed likely to hinder effective
competition in the market, at least nationwide, for online hotel
brokerage and reservation services," resulting in higher prices
and less choice for consumers.
Booking.com submitted a number of commitments to ensure that
prices offered by hotels on other online channels would not be
taken into account at any stage when managing and promoting
those that are part of the programme.