![]() Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Stay tuned Monday for my 2011 expectations for Google.Your CNN account Log in to your CNN account ![]() I sure would like to have better flight info surface on Google. “Īnd I’m fine with that as a precautionary measure, so long as Google and the parties can coexist peacefully and everyone wins. “While Google has said it will license the technology, regulators could extract commitments from the company to ensure that it does so at a fair cost and without degrading the technology. But what the DOJ will most certainly do is impose restrictions on how Google uses the data to make sure it does so in the spirit of fair competition. More and more, I’m convinced the members don’t necessarily expect the DOJ to block the deal. I’ll let you run through it yourself here if you’re interested: The arguments were pretty tame and the issue of Google getting too big certainly came up again. ![]() He pressed Kovacevich to do so on CNN Kovacevich promised Google would negotiate new contracts with those customers.īarnett, trying to trap Kovacevich, said existing ITA customers have approached Google to negotiate new deals and were refused. He argued that Google could deny access to the software to the members, which with all of the hullabaloo and attention would be an utterly foolish thing to do, providing fodder for Google critics the world over.īarnett’s big sticking point is that Google has never promised to renew existing contracts ITA holds with its customers. ![]() Barnett said Google could just create its own travel product or license the data from ITA like everyone else does. Google, he said, wants to use ITA’s software to send consumers looking for flight info to Expedia, Travelocity, etc., to buy a ticket.īarnett countered that the issue is not Google aggregating flight info, but how it’s going about it. (In Google’s parlance, Kovacevich officially stated, “You’re not going to get a very good answer” if you use a search engine such as Google or Bing to find flight info.) Kovacevich basically argued Google’s flight search information, well, sucks as it stands today. Tom Barnett, a lawyer representing Expedia who also headed the DOJ’s antitrust division under George W. These companies created last fall to urge the Justice Department, which is investigating the bid, to block the deal.Īdam Kovacevich, whom I met earlier this year when he did a press meet and greet in Manhattan, spoke for Google. Several online travel companies that use this software fear Google will tightly manage the ITA data, jacking up fees versus rivals that are also looking to surface flight info for users. ![]() Long story short: Google bid to buy ITA July 1 to acquire the software maker’s wealth of data on airfare pricing and schedules. 29 aired a debate between a Google spokesperson and an attorney representing, the coalition forged by Expedia, Kayak and Orbitx to halt Google’s $700 million bid for ITA Software. We may make money when you click on links to our partners. EWEEK content and product recommendations are editorially independent. ![]()
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