Government lets Google buy travel software company

  1. Stacie L profile image87
    Stacie Lposted 7 years ago

    BY JOELLE TESSLER (AP Technology Writer)
    Originally Published: Friday, April 08, 2011
    Updated: Friday, April 08, 2011

    WASHINGTON (AP) — Google Inc. won government clearance with restrictions Friday for its $700 million purchase of airline fare tracker ITA Software in a deal that will give the Internet search giant a key role in online travel.

    Google promises to give consumers more choices and better ways to search for plane tickets as it incorporates ITA technology, which powers the reservation systems of most major U.S. airlines and many popular online fare-comparison services, including Kayak, TripAdvisor and Hotwire.

    The company had to accept significant conditions, though, in a sign that federal antitrust officials are becoming more concerned about whether Google's enormous clout as a major gateway to the Internet has the potential to stifle competition broadly online. … any?cat=12

    Google is getting so large it may take over the world!