Russia’s Federal Antimonopoly Service (FAS) has launched investigation into US technology company Booking.com. On Monday, the agency revealed that it planned to investigate the hotel and hostel reservation website for anti-competitive practices.
Leaked information shows that the company’s contract with hotels and hostels reportedly does not allow them to offer better rates on competing websites in Russia. Meanwhile, Russian authority says it had warned the company about the practice on November 12th, but it didn’t reply and has also made no changes.
So far, effort is ongoing to reach out to Booking.com for reactions to the claims and possible way forward, and should they reply to asked questions this publication will be updated accordingly so everyone can know what next.
Following a Reuters report, should Federal Antimonopoly Service finds out that Booking.com actually broke Russia’s anti-monopoly law, the tech company may prepare to deal with paying as much as 15 percent of its total generated revenue in Russia as fine. The move by Federal Antimonopoly Service follows one week after Booking.com accepted with the European Commission to change how it markets discounts on its website.
In the event that Booking.com is finally pressed to change it business operational system in Russia it will then second Google as US companies who changed their business systems because of internal laws. As you may, in 2017, Google was forced to give Russian Android users the option to select Yandex as their default search engine when setting up a new mobile phone or other android devices.