Bloomberg reports that the Federal Trade Commission (FTC) is anxiously waiting for the Justice Department’s decision on the Google’s planned intentions to acquire airline ticketing Software Company, ITA Software Inc. for $700 million before launching any investigation against Google.
It is important to mention here that both the FTC and Justice Department are accountable for probing antitrust claims and might confer to conclude which agency will conduct a key investigation into Google.
The Justice Department however is expected to publicize its decision on Google’s acquisition of ITA for $700 million.
No immediate response has been seen from the Google’s representatives on request for comment. This deal has certainly raised concerns among the competitor search engine companies such as Microsoft and certain online travel companies like Expedia and Travelocity. The competitors companies think that this deal will give this Internet search giant a monopoly over the travel searches.
Although, the search giant has already been under investigation by European Commission since the November, 2010, last week Microsoft has registered an official complaint with European Union pleading that Google is involved in non-competitive behavior regarding internet search as well as other online fields.
