According to U.S. tech groups, a deal among more than a dozen countries could be completed this summer.
U.S. District Court Judge Robert Wilkins clears the acquisition, saying that the deal has safeguards in place to protect third parties.
U.S. and European antitrust regulators are poised to crack down on the dominant search company. What changes to Google search might the cases trigger?
Despite being met with significant opposition in the travel search industry from companies that claimed buying ITA would give Google unfair power, the $700 million acquisition has cleared.
Justice Department will require Google to continue to license travel tech to competitors as part of its settlement. What's more, Google must forward rivals' complaints to regulators.
Google is said to be nearing agreement with Justice Dept. over its intended $700 million purchase of the travel software company. The deal's been under regulatory scrutiny since announced in July.
It's been nearly six months since Google first proposed acquiring travel software company ITA, and regulators will soon decide whether to block the deal.
The company announced an IPO in November but faces fresh competition from Google's potential acquisition of rival ITA. Now, a source reports, a quarter of the company may have been laid off in a cost-cutting effort.
The company acquired the travel guide service from John Wiley & Sons for an undisclosed sum, but may face critics alarmed by its growing clout in the travel arena.
As long as Google dominates search and continues to acquire content and make its products work more "seamlessly," competitors like Yelp and Fodor's will be at a disadvantage on Google's platform.