Booking.com under investigation by EU regulators over fake listings and scams

EU regulators are investigating Booking.com for inadequate consumer protection against fake listings and scams, potentially violating the Digital Services Act. The European Commission criticized the company's efforts as substandard, emphasizing the need for better fraud prevention measures. The investigation will also assess compliance with advertising transparency rules. Booking.com acknowledged the issue, stating it prioritizes security and is cooperating with authorities. Reports of scams involving the platform have surged, with significant financial losses reported by consumers. The commission aims to ensure that Booking.com fulfills its responsibilities under EU regulations to protect users from fraud.