Justice Department Lets Expedia's Purchase Of Orbitz Go Ahead

By Robert SchroederMarketWatch Pulse

The Justice Department on Wednesday said it won't challenge travel-booking site Expedia's purchase of competitor Orbitz . "We concluded that the acquisition is unlikely to harm competition and consumers," said Assistant Attorney General Bill Baer in a statement. Baer said Justice found no evidence the merger would result in new charges being imposed directly on consumers for using either site.

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