Online travel companies oppose Google, ITA deal: report

(BestGrowthStock) – Several online travel companies are joining hands to oppose Google’s proposed $700 million acquisition of airline ticketing software company ITA Software Inc, saying the deal would have much influence over the travel sector.

Online travel companies Expedia Inc,, Sabre Holdings and Farelogix Inc, which own popular tour websites, are forming a coalition called to persuade the Justice Department to block Google’s latest deal, according to the Journal.

Google has always maintained that since it does not currently compete against ITA Software, the deal will not change existing market share in the online travel industry.

However, opponents of the deal worry that Google could limit access to ITA’s software, which is used by many of the websites operated by the members of the newly formed coalition, the paper said.

None of the companies could immediately be reached for comment by Reuters outside regular U.S. business hours.

(Reporting by Sakthi Prasad in Bangalore; Editing by Jon Loades-Carter)

Online travel companies oppose Google, ITA deal: report