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Home » News » Department of Justice may Veto ITA-Google Deal
News

Department of Justice may Veto ITA-Google Deal

Matthew Klint Posted onAugust 30, 2010 Leave a Comment

The DOJ is taking a second look at the proposed acquisition of ITA Software by Google, citing antitrust concerns. Earlier this year, Google agreed to buy ITA for $700 million in cash in order to bolster its travel division by giving customers the ability to more quickly and effectively search for airfare within Google.

I have a feeling this deal will go through, but I can’t say I’ll be sorry if the DOJ actually blocks it. Though I don’t believe there are sufficient anti-trust concerns to prohibit this acquisition, I love ITA just the way it is. I use it daily to search for airfare and find the interface, speed, and reliability of the airfare search engine remarkable. Even if I am still able to access the classic (Matrix 1) search engine once Google takes over, I am not looking forward to the Google ads that will likely be plastered all over the page.

Having said all that, if I owned ITA, I’d take the $700 million in a heartbeat.

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About Author

Matthew Klint

Matthew is an avid traveler who calls Los Angeles home. Each year he travels more than 200,000 miles by air and has visited more than 135 countries. Working both in the aviation industry and as a travel consultant, Matthew has been featured in major media outlets around the world and uses his Live and Let's Fly blog to share the latest news in the airline industry, commentary on frequent flyer programs, and detailed reports of his worldwide travel.

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