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Google-ITA Software deal: Google expects Justice Department will handle inquiry

07/12/2010| 10:29:13 AM| 中文

Google expects the U.S. Dept. of Justice to take up an antitrust inquiry into the company’s proposed $700 million acquisition of ITA Software.

Google expects the U.S. Dept. of Justice to take up an antitrust inquiry into the company’s proposed $700 million acquisition of ITA Software, and not the Federal Trade Commission, according to a source close to the matter.

The New York Times reported that Google would probably favor an inquiry by the FTC, which signed off on Google’s recent acquisition of AdMob and its earlier purchase of DoubleClick.

Google doesn’t care which agency handles the review, according to the source, and expects the DOJ to get the assignment given its track record in taking up aviation- and travel-related issues.

Read the full story at: http://www.tnooz.com/2010/07/07/news/google-ita-software-deal-google-expects-justice-department-will-handle-inquiry/

TAGS: Google | ITA
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