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Rumor Points To More Problems For Google-ITA Deal

DOJ could file antitrust lawsuit

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Don’t call your stockbroker or even place an informal bet just yet.  The latest info on the proposed Google-Fairsearch deal represents a rumor twice over.  Still, a report’s indicated that the Department of Justice might decide to step in and stop the acquisition.

Sara Forden and Jeff Bliss wrote this afternoon, "The U.S. Justice Department is preparing for a possible antitrust lawsuit to stop Google Inc.’s $700 million acquisition of ITA Software Inc., according to people familiar with the situation."

Then the pair continued, "Department officials haven’t made a final decision about whether to sue to block the purchase by Google, owner of the world’s most popular search engine, said the people . . ."

So, according to individuals who may be several layers removed from the proceedings, the DOJ could interfere with Google’s acquisition.  Google’s lawyers probably aren’t packing their suitcases in response.

GoogleStill, Bloomberg’s a reputable news source, and this report is at least cause for concern among Google’s supporters.  Taken together with all the opposition that’s surfaced and the fact the DOJ decided to look into the deal in the first place, it increases the odds of a major problem occurring.

As always, we’ll be sure to report any significant updates.

Rumor Points To More Problems For Google-ITA Deal
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  • http://raltech.ro Motoare Electrice

    Why would they want to sue google?

  • Susan

    To Electrice and others- please seach “Google Being Sued” in any search engine to see thousands of people suing Google for so many offenses from AntiTrust by the Dept of Justice, to Class Action from Google Buzzwords, to AdWords rip offs, to invasion of privacy, slander false search results Google wont remove on request, etc. They harass people and cant be trusted and need to be investigated and shut down.

  • cdin

    Yeah, hope the South Korea government prosecutes and start putting people from this company in prison. The US government needs to investigate this monster and break it apart. The abuse is just getting out of control.

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