Thursday, March 10, 2011

Is Google Able to Increase Airfares?


Online travel companies say Google's proposed $700 million acquisition of flight information company ITA Software.company acquisition will drive up airfares.

Members of the FairSearch.org coalition are urging the US Justice Department to block the Google-ITA deal - just as it did in November 2008 with the Google-Yahoo! advertising agreement.

They are claiming that Google's purchase of ITA would give the Internet search giant too much control over the online travel sector and lead to higher prices and fewer choices for consumers.

"You're taking the dominant flight search engine company, which is ITA, and you're combining it with the dominant online search company, which is Google," Thomas Barnett told AFP.

For the full article on iafrica, click here.

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