Airbnb faces pressure from EU regulators to be more transparent about prices

Consumer regulators with the European Union have asked Airbnb to alter how it displays prices and the wording of certain items in its terms of service, which the commission says are not transparent enough and do not provide adequate information for consumers. Airbnb has until the end of August to comply, the EU says.

"More and more consumers book their holiday accommodation online and this sector has brought many new opportunities to holidaymakers. But popularity cannot be an excuse for not complying with EU consumer rules," wrote EU commissioner for consumers Vera Jourova in a statement. "Consumers must easily understand what for and how much they are expected to pay for the services and have fair rules [for example] on cancellation of...

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