Skift Take

If the European Commission's decision isn't overturned, one implication may be that Booking.com would be precluded in practice from making major acquisitions. Period.

The European Commission is set to block Booking Holdings' $1.8 billion deal to acquire Sweden's eTraveli Group, a critically important transaction that's been in limbo for nearly two years.

The official decision may not come down until the end of the month. Booking Holdings will likely appeal it, according to a source close to the situation, and Booking.com would then announce an extension of its existing partnership with eTraveli Group thro