Booking Hit by EU’s Crackdown on Powerful Tech Platforms (2)

Booking Holdings Inc.’s travel services platform became the latest technology business to be targeted by the European Union’s crackdown on technology firms’ market power.

The move means the firm has six months to make sure it complies with a raft of preemptive measures under the EU’s flagship Digital Markets Act, aimed at preventing competition abuses before they take hold.

Following the decision, “holidaymakers will start benefiting from more choice and hotels will have more business opportunities,” Margrethe Vestager, the EU’s antitrust commissioner, said in an emailed statement on Monday.

At the same time, the European Commission announced ...