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Booking Holdings' Hotel Commissions 'Too High' – Swiss Watchdog Orders 25% Cut

Swiss authorities believe ordering to cut commission fees will boost the country's hotel industry — but the online travel agency said it would appeal. Switzerland's "price watchdog" has ordered to lower prices in the country, ruling that the online travel agency's commission rates for hotels are "too high." The supervisory body said on Wednesday that will be required to reduce commission rates for Swish hotels by 25%, adding th