DOJ’s Expedia-Orbitz announcement expected as early as today
By Flavia Fortes and Jeff Bliss ( September 16, 2015, 19:29 GMT | Insight) -- The US Department of Justice is preparing to announce as early as today how it will proceed after a seventh-month antitrust investigation of Expedia’s proposed acquisition of fellow online travel agency Orbitz, MLex has learned. The hotel industry, in what is seen as an increasingly uphill fight, has argued that the deal would allow Expedia to raise commission rates for advertising hotel room availabilities on its websites.The US Department of Justice is preparing to announce as early as today how it will proceed after a seventh-month antitrust investigation of Expedia’s proposed acquisition of fellow online travel agency Orbitz, MLex has learned....
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