Interesting analytical review of Expedia’s position in the marketplace by Eye for Travel…
“Has the OTA industry become a duopoly now that the US Justice Department has nodded through Expedia’s $1.3bn acquisition of Orbitz Worldwide? Certainly Wall Street has seen celebrations that only Expedia and Priceline among the monster groups are left standing. (Less research work to do!) The share prices of the two have been very upbeat since the head of the Justice Department’s Anti-Division, Bill Baer, announcement that “we concluded that the acquisition is unlikely to harm competitors and consumers”.
Source: Expedia: all the key pieces fall into place | Travel Industry News & Conferences – EyeforTravel
