Submitted: February 28, 2011 - 8:53pm
Originally published: February 28, 2011
Last updated: February 28, 2011 - 8:57pm
Originally published: February 28, 2011
Last updated: February 28, 2011 - 8:57pm
Source:
Politico
Author:
Elizabeth Wasserman
Location:
Google, 1600 Amphitheatre Parkway, Mountain View, CA, 94043, United States
Apparently, the Justice Department has made it clear to Google that it’s willing to go to court to block its acquisition of travel software-maker ITA – and Google has responded by stepping up negotiations to save the deal.
Sources say that a deal between Google and DOJ’s antitrust lawyers could be “days away,” but others also warn that negotiations about the $700 million acquisition could fall apart at any time. Among conditions on the table are possible provisions under which Google would license ITA software to rivals and others aimed at easing industry concerns that Google will use its search dominance to unfairly disadvantage rivals in the online travel business.
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