Question: (e) (8 marks) Consider the hotel booking website: booking.com and the relevant concepts that we have discussed in the course. Describe the possible channels via

(e) (8 marks) Consider the hotel booking website:
(e) (8 marks) Consider the hotel booking website: booking.com and the relevant concepts that we have discussed in the course. Describe the possible channels via which this website affects the competition of hotels. Explain why or why not this website improves efficiency in the hotel industry. (e) (8 marks) Consider the hotel booking website: booking.com and the relevant concepts that we have discussed in the course. Describe the possible channels via which this website affects the competition of hotels. Explain why or why not this website improves efficiency in the hotel industry

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