3 ms·
In the Netherlands it probably does (“oneerlijke handelspraktijken”). The main regulator for the European activities of booking is in the Netherlands. If GP wer
by wjnc 3y ago
In the Netherlands it probably does (“oneerlijke handelspraktijken”). The main regulator for the European activities of booking is in the Netherlands. If GP were to document this and submit it to the ACM [1] this might be picked up. The maximum fine is a puny 900 k€ though. They already got a few of these and don’t seem to care much.
And that just shows the problem with regulating these large platforms - local regulators with their hands tied against billion dollar platforms. The EU should just step in and regulate these monsters directly and pro-consumer. Or regulators should grow a pair and try to get the CEO / board replaced (a theoretical possibility when they keep getting administrative fines in NL). That will shake up the stockholders enough to shake some sense into these firms.
[1] https://www.consuwijzer.nl/doe-uw-melding-bij-acm-consuwijzer https://www.consuwijzer.nl/doe-uw-melding-bij-acm-consuwijze...
- mapcars 3y agoWell if you made 5 mil with this and payed 900k fine you still made 4 mil, so yeah.