Australia fines Expedia Group’s Trivago $33 million on false hotel rates

04/22/2022

Less than a minute

2022.04.22 05:12

Australia fines Expedia Group's Trivago $33 million on false hotel rates
Expedia app is seen on a smartphone in this illustration taken February 27, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) – An Australian federal court has ordered U.S.-based online travel firm Expedia (NASDAQ:EXPE) Group’s unit Trivago to pay a A$44.7 million ($32.91 million) penalty for misleading consumers over hotel room rates, the country’s competition regulator said.

The penalty is Australia’s fourth-largest payout for breaching consumer law, Australian Competition & Consumer Commission (ACCC) said https://www.accc.gov.au/media-release/trivago-to-pay-447-million-in-penalties-for-misleading-consumers-over-hotel-room-rates on Friday.

($1 = 1.3581 Australian dollars)

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04/22/2022

Less than a minute