Booking Holdings reports $1B FTC complaint impact on revenue
Booking Holdings announced a $900 million revenue reduction and a $100 million loss tied to a potential FTC complaint against its Priceline brand. The figures were recorded in the company's third‑quarter filing and reflect the financial exposure that could arise if the FTC seeks restitution and penalties exceeding $1 billion. The announcement affects the firm, its Priceline customers and the broader travel‑booking market.
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