Spain watchdog fines Booking.com $446 million

MADRID (AFP) - Spain's competition watchdog said Tuesday it had slapped online travel agency Booking.com with a record 413-million-euro ($446 million) fine for "abusing its dominant position" during the past five years.

"These practices have affected hotels located in Spain and other online travel agencies that compete with the platform. Its terms and conditions create an inequitable imbalance in the commerc