EU Opens Digital Services Act Proceedings Against Booking Holdings
The European Commission initiated formal proceedings to assess whether Booking Holdings breached the Digital Services Act. The company's shares fell 3.8% in afternoon trading.
What happened? Shares of online travel agency Booking Holdings NASDAQ:BKNG fell 3.8% in the afternoon session after the European Commission initiated formal proceedings to determine whether the company breached the Digital Services Act.The European Commission announced that the inquiry evaluates wh…