NY TIMES - Dec 27 - Six months ago, Google announced its intention to buy the company that made it easy for travelers to compare airfares, ITA Software, for $700M. The acquisition, if approved, would let Google digest ITA, which was founded in the 1990s and has become the leading provider of flight data to airlines, travel agents, global distribution systems, flight comparison sites and technology companies. This fall, a coalition that included Expedia and Kayak formed FairSearch.org to push regulators to thwart the deal. Microsoft recently joined the cause. Kayak, in registering to file its IPO, suggested that a combined Google-ITA could present a risk to its business. Orbitz has stated publicly that it is neutral on the deal. Priceline, in a public filing, cited Google as a risk factor. FULL ARTICLE @ NY TIMES
Comments