Brief: Lastminute.com pledges 7 mln stg refunds on holidays cancelled due to COVID-19
01/12/2020 07:08
Dec 1 (Reuters) - Lastminute.com NV LMN.S :
* UK'S COMPETITION AND MARKETS AUTHORITY SAYS LASTMINUTE.COM
COMMITS TO REFUND OVER £7M FOR CANCELLED HOLIDAYS
* CMA HAS BEEN INVESTIGATING LASTMINUTE.COM AFTER RECEIVING
HUNDREDS OF COMPLAINTS THAT PEOPLE WERE NOT RECEIVING REFUNDS
FOR PACKAGE HOLIDAYS CANCELLED DUE TO CORONAVIRUS (COVID-19)
PANDEMIC.
* CMA SAYS MORE THAN 9,000 CUSTOMERS WHOSE HOLIDAYS WERE
CANCELLED
BY LASTMINUTE.COM ARE CURRENTLY AWAITING REFUNDS
* COMMITMENTS SECURED BY CMA WILL ALSO MEAN THAT ANYONE
ENTITLED
TO A REFUND FOR A HOLIDAY CANCELLED BY LASTMINUTE.COM ON OR
AFTER 3 DECEMBER 2020 WILL BE PAID WITHIN 14 DAYS.
Source text for Eikon: ID:nRSA0741Ha
Further company coverage: LMN.S
(Reporting By Sinead Cruise)
((sinead.cruise@thomsonreuters.com;))