
The CMA’s investigation relates to package travel holidays booked with Teletext Holidays, not flights or accommodation booked on a standalone basis.This outlined that the CMA intends to apply to the court for an order under section 217 of the Enterprise Act 2002 requiring the company to comply with its obligations under the Package Travel and Linked Travel Arrangements Regulations 2018. The CMA sent a letter before claim to Truly Holdings Limited on 30 April 2021.For convenience, references to Teletext and Teletext Holidays are references to Truly Holdings Limited.

Truly Travel Limited and Alpha Holidays Limited () are both subsidiaries of Truly Holdings Limited.

However, Teletext has not agreed to provide undertakings that are sufficient to address the CMA’s concerns. The CMA told the firm it could avoid any potential court action by signing formal commitments – known as ‘undertakings’ – to refund affected consumers and ensure compliance with the Package Travel Regulations going forward.

The CMA wrote to Truly Holdings Ltd., the company that operates Teletext Holidays and also, in March, setting out in detail its concerns and giving the company an opportunity to address them. These showed that people were not receiving refunds they were owed within 14 days, as required by law, for package holidays cancelled by the company due to pandemic restrictions. On 4 February, the Competition and Markets Authority (CMA) announced that it was opening an investigation into Teletext Holidays after receiving hundreds of complaints.
