Saturday, April 9, 2011

Feeling Lucky? Google Travel!

The Justice Department gave the greenlight to Google to acquire ITA Software, the travel search engine, for $700 million dollars.

But regulators imposed a host of restrictions on Google, saying the deal as initially proposed would have violated antitrust law by giving the world's leading search engine "the means and incentive ... to foreclose or disadvantage" its rivals, such as Orbitz, Expedia, Kayak and Microsoft's Bing. Those companies use ITA's software to power their airfare travel searches.

www.premieretravel.com

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