To: stromsfriend
Did you read the whole article? The problem as I see it is that Orbitz is owned by the Airlines. If they can undercut Travelocity and Expedia and drive them out of business then as an online monopoly owned by the airlines, the airlines could collude to sell tickets at any price they agree on online. It would certainly no longer be competitive.
9 posted on
07/30/2002 12:19:53 PM PDT by
monday
To: monday
Horrible isn't it. Just the other day, I drove past three gas stations located on the same corner, all selling gas within a tenth of a cent of each other.
Like a good citizen, I immediately contacted the DOJ's Antitrust Hotline.
To: monday
Did you read the whole article? The problem as I see it is that Orbitz is owned by the Airlines. If they can undercut Travelocity and Expedia and drive them out of business then as an online monopoly owned by the airlines, the airlines could collude to sell tickets at any price they agree on online. It would certainly no longer be competitive. The airlines put up Orbitz's initial funding, but Orbitz charges a $5 fee for tickets and filed for an IPO a couple of months ago, so these guys are trying to be an independent business.
And I think this is a way different story than the gas companies. The INternet is a brand new medium and Travelocity and Expedia are trying to stamp out their only competiotn so far.
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