Watchdog Raises Red Flag On Expedia's $659M Wotif Deal
By Natalie Rodriguez ( September 4, 2014, 1:37 PM EDT) -- The Australian Competition and Consumer Commission on Thursday said it was concerned that Expedia Inc.'s plan to purchase Wotif.com Holdings Limited for AU$703 million ($659 million) could significantly lessen competition in the country's online hotel booking market....
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