Acquisitions

If I were one of the most powerful and the richest people in the world, I would probably want to be even bigger, wealthier and stronger. Such a desire has always been and always will be dangerous. There is no surprise that every time someone comes with these intentions, the rest of the world want to stop him. Google, as one of the most spreading companies in the world, is giving people the shivers. Picture of everything possessed by Google creates an idea that we are living in a Google world. And this kind of picture is not very pleasant. That is the reason, why the group of online travel firms urged the US authorities to block Google from purchasing flight information comp! any ITA Software. In their opinion, Goggle will get too much control over the lucrative sector. As ITA Software powers most of travel agencies’ rivals in travel search, there is a threat that Google could manipulate and dominate the online air travel marketplace. The coalition of travel sites and technology companies said: “The end result could be higher travel prices, fewer travel choices for consumers and businesses, and less innovation in online travel search.” But what if the reverse would be true? ITA Software which specializes in organizing airline data, including flight times, availability and prices will simply help Google to provide better results for its users, said Andrew Silverman, a Google senior product manager. As he added: “ITA Software and Google are not competitors so there will not be less choice for consumers.”

related story (sgx18495): http://news.yahoo.com/s/afp/20101026/tc_afp/usitcompanytrave...

by Barbora Misakova for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.