Question

Expedia, a third-party online travel-booking company proposed an acquisition of Orbitz, another third-party online travel-booking company. Several hotel companies and consumer advocates objected on the grounds that the result would be that the merged company would control 75% of the third-party online booking business. What standard will the Justice Department apply in determining whether to approve the merger​? a. ​the quality of service at Orbitz b. ​the views of the hotels and consumer advocates c. ​whether the merger will affect competition d. ​the fairness of the merger terms

Answer 1

Answer:

d. the fairness of the merger terms.