Spain's competition authority, the CNMC, has found that online travel agency Booking.com abused a dominant market position over the past five years. It fined the company €413.24 million (or around $447 million at current exchange rates) on Tuesday. Booking.com held a share of between 70% and 90% of the market in Spain for provision of online booking intermediation services to hotels by online travel agencies over the period in question. The authority concluded that Booking imposed an unfair price clause on ...