EU antitrust regulator scraps Amadeus and Sabre investigation

By Foo Yun Chee

BRUSSELS, July 19 (Reuters) – The European Union antitrust regulator on Monday scrapped a two-and-half-year investigation into travel booking companies Amadeus and Sabre , citing a lack of conclusive evidence.

The two were targeted by the European Commission in November 2018 on concerns that their contract terms could prevent airlines and travel agents from changing to rival ticket agents.

“The evidence collected is not sufficiently conclusive to justify pursuing the investigation further,” the EU competition watchdog said in a statement.

It said it would continue to monitor the sector. The Commission is currently reviewing rules that specify the relationship between airlines, booking system providers and travel…

Read further.

Tourism sector bent on recovering from pandemic losses

Tourism sector bent on recovering from pandemic losses

UK virus cost-benefit discounts human psychology