TUI has temporarily suspended most of its travel operations due to the Covid-19 pandemic. Company spokespersons say the move is a “compliance” and “industry adjustment” move. The news comes as the whole industry is in a state of shock as to “next moves.” TUI is on a shortlist of companies investing gurus say may be […]
Bloomberg
Justice Department Poised to Nix Google Deal
The Justice Department stands poised to nix Google’s acquisition of ITA proprietary software as FairSearch and other entities press the issue. Is Google becoming a monopoly? This is the overriding question on the minds of consumers, but what is on the government’s mind, this is what counts. With American Airlines’ recent ITA deal, exactly how will the Justice Department deal with the immense pressures being leveled? This online travel war is a far bigger confrontation than many realize.