engine - 4:35 pm on Oct 5, 2011 (gmt 0)
Google's Purchase Of ITA Software Approved By Federal Judge [bloomberg.com]
Google Inc.’s $700 million purchase of travel-information company ITA Software Inc. was cleared by a federal judge after the search-engine company agreed to conditions imposed by the U.S. government.
U.S. District Judge Robert Wilkins in Washington today approved a consent decree between Google and the Justice Department that allows the acquisition as long as Google makes travel data available to search-engine rivals and lets the government review any complaints it’s acting unfairly. Wilkins said he found the agreement to be in “the public interest.”
U.S. Dept. Of Justice Clears Google To Acquire ITA Software Inc.