Pursuits
Google’s $700 Million ITA Deal Cleared by Justice Department
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Google Inc. won U.S. Justice Department approval for its $700 million purchase of ITA Software Inc. on the condition it makes travel data available to search-engine rivals and lets the government review any complaints it’s acting unfairly.
Google agreed to license ITA’s travel information software to third parties, put up firewalls protecting client data and set up an arbitration process for disputes over fees. The Justice Department reached the consent decree after an eight-month review.