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ARTICLE · 16 OCTOBER 2014

Competition review: October 2014/1

Corrs Chambers Westgarth
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Corrs Chambers Westgarth

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The newsletter reviews recent mergers, enforcements, and other ACCC developments relating to competition in Australia.

AustraliaAntitrust/Competition Law

RECENT MERGER DEVELOPMENTS

ACCC will not oppose Expedia's proposed acquisition of Wotif

On 2 October 2014, the ACCC announced that it will not oppose the proposed acquisition of Wotif.com Holdings Ltd (Wotif) by Expedia, Inc (Expedia).

Expedia is a global online travel agency (OTA) and its portfolio of brands includes Expedia.com and Hotels.com. Wotif is an Australian-based OTA that is predominantly active in the supply of online accommodation booking services. Its brands include Wotif.com and lastminute.com.au. As such, the primary area of overlap between Expedia and Wotif is in online accommodation booking services. This proposed acquisition involves two of the three largest OTAs in Australia, with the other being The Priceline Group (Booking.com and Agoda).

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