Spanish competition watchdog launches probe into Booking.com
Spain's antitrust watchdog has launched an investigation into Dutch hotel reservation website Booking.com over possible unfair competition practices affecting hotels and rival online travel agencies in the country. The regulator, known as CNMC, said in a statement on Monday the proceedings stemmed from two complaints filed by the Spanish Association of Hotel Managers (AEDH) and the Madrid Hotel Business Association. CNMC found "reasonable grounds" to believe Booking.com may have infringed Spain's antitrust laws as well as…