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It’s pretty obvious. They want you to acknowledge by a positive action that you have been informed of their conditions of carriage before you proceed with your booking. If you later complain or dispute something, they can legally point to the fact that you have acknowledged the conditions of carriage and the rules which you booked under."I agree to the Conditions of Carriage". What is the significance here?
You can’t legally say oh, they didn’t tell me about that.
Same with major software upgrades. You’ll always be asked to click the box to say "I accept" but of course we never read that and we just hope that everything is okay and we’re not screwing ourselves in the process.
Not to say I like any of that, but you did ask the question "what the significance" and there it is.