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Ryanair Triumphs in Court Against Booking.com
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Ryanair Triumphs in Court Against Booking.com

Ryanair Holdings (RYAAY) has released an update.

Ryanair Holdings Plc has secured a legal victory against Booking.com, with a Delaware Court jury finding that Booking.com illegally ‘scraped’ Ryanair’s website and engaged in fraud, a breach of the US Computer Fraud and Abuse Act. The court also rejected Booking.com’s counterclaims of defamation and unfair competition. This ruling is heralded by Ryanair’s CEO as a win for low fare air travel and consumers, potentially ending the overcharging practices by OTA Pirates like Booking.com.

For further insights into RYAAY stock, check out TipRanks’ Stock Analysis page.

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