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How does Expedia's shopping spree affect the travel industry?

from By Judy Connors

Expedia, the online travel booking company that recently purchased Travelocity, announced it will now acquire Orbitz in its quest to dominate the online travel business. With Expedia's acquisition of both, Expedia could control more than two-thirds of U.S. bookings through OTAs and become the largest OTA by bookings worldwide. How do these moves affect the travel industry? And what does it mean for consumers? more


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