Mergers & Acquisitions Mergers & Acquisitions

Booking to get EU veto for Etraveli buyout over 'conglomerate' fears

By Natalie McNelis
  • 01 Sep 2023 13:41
  • 01 Sep 2023 13:46
Booking Holdings will be blocked from buying online flight travel agency Etraveli by the EU merger regulator after remedies failed to ease concerns that the deal would increase its dominance in online accommodation reservations. 
The parties were informed of the commission’s decision yesterday, MLex has learned.

Blocking a deal

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Natalie McNelis

Senior Correspondent

Natalie McNelis covers mergers for MLex in Brussels. Before joining MLex in 2017, she spent 20 years as an international trade and competition lawyer in law firms including Stibbe and WilmerHale. Natalie has a BA in English from Mount Holyoke College, a JD from Harvard Law School and an LLM in EU law from KU Leuven. She is admitted to the bar in New York.

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