UK regulator to investigate Expedia and Priceline meta acquisitions
Britain’s Office Of Fair Trading (OFT) is casting its eye over the recent bid to buy control of German hotel search company Trivago by US travel giant Expedia.
The watchdog agency will also be looking for feedback on Kayak‘s purchase by Priceline, in a possible prelude to a merger review.
It’s interesting that the OFT is doing this because neither Kayak or Trivago have any significant presence in the UK.
But it’s fairly routine due diligence, as it were, for OFT to check if a case might require a referral to the Competition Commission, and Expedia’s $632 million purchase of a majority stake in Trivago is significant.