Antitrust & Trade Reg.
Apr. 12, 2011
Google Purchase Comes With Condition
The U.S. Department of Justice announced Friday it will approve Google Inc.'s $700 million purchase of ITA Software Inc., but only if it fulfills conditions meant to preserve competition in the market for online airfare sales.
Daily Journal Staff Writer
PALO ALTO - The U.S. Department of Justice announced Friday it will approve Google Inc.'s $700 million purchase of ITA Software Inc., but only if Google fulfills conditions meant to preserve competition in the market for online airfare sales.
"Today we are extremely pleased with the DOJ's decision to clear Google's acquisition of ITA," the Cambridge, Mass.-based software company ...
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